French property developer Altarea has entered into exclusive negotiations with the shareholders and the management of the European real estate investment and asset management group Primonial with a view to taking full control of the Primonial Group by 2024 in a deal valuing the business at €1.9 bn, excluding potential earn-outs.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
