German fund manager Union Investment Real Estate has appointed Jörn Stobbe to the position of chairman of the management board, as of 1 January 2020. He will take over from Dr. Reinhard Kutscher, who will retire at the end of 2019.
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.
