Sweden's Niam Fund III and the Goldman Sachs-managed Whitehall Street Real Estate Funds have acquired a property portfolio from the Finnish real estate company Sponda for about EUR 400 mln. The portfolio consists of parts of the Kapiteeli portfolio, the office and retail portfolio sold by the Finnish government in December 2006 for EUR 950 mln.
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.
