Orco Property Group, based in Luxembourg, has acquired an office building in Berlin for an undisclosed sum. The property at Kurfurstendamm 102 comprises 10 office and retail units with a total floor space of 3,400 m[sup]2[/sup]. The tenants include Commerzbank, Canon and the IVD real estate federation of Berlin-Brandenburg.
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.
