Spanish property company Grupo San Jose has won approval for to take a 50.79% interest in peer Parquesol. The success of the bidding was guaranteed, given that Grupo San Jose and New GP Cartera, which owns a 54.77% stake in Parquesol, reached agreement for a 100% buy-out by San Jose in July 2006, Spanish newspaper BolsaCinco reported.
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.
