GE Real Estate has acquired 100% of the German specialty property fund Immobilienspezialfonds for EUR 420 mln. The Fund's portfolio comprises 12 office properties across western Germany, located in the major financial centers, including Frankfurt, Munich, Hamburg, Dusseldorf, Stuttgart, Bonn, and Karlsruhe.
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.
