RE Capital and its investment partner Real Estate Investment Group (REIG) have announced the acquisition of the Oeiras Tech City mixed-use development in the heart of the Oeiras municipality, near Lisbon, from Novo Banco for an undisclosed amount.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
