Real estate fund Polis has acquired a mixed-use complex from Italian Societa Alfa Logic and Holding Cinque V in Gorgonzola, near Milan, for €40.4 mln. The complex includes three logistics premises and an office building providing a gross lettable area of 47,800 m[sup]2[/sup]. The initial yield of this transaction comes to 6.41%, Polis stated in a press release.
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.
