British investment banking group Evans Randall has agreed to buy the Konigsbau Passagen shopping in Stuttgart for EUR 220 mln from HSH N Real Estate and property company Stilwerk. The sale, which is subject to approval by the Baden-Württemberg state trust, is Evans Randall's first acquisition in Germany.
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.
