Portugal’s Visabeira Group has opened a five-star hotel in the Rachadouro Cloister of the Alcobaça Monastery, in Western Portugal, as part of a €24.5 mln investment.
Frankfurt-based fund manager Habona Invest has acquired two retail parks in the Bavarian cities of Passau and Kirchseeon from the Küblböck Group for around €26 mln.
