AXA Belgium has signed an agreement with Belgian developer Codic on the acquisition of the Blauwe Toren, a company created to develop and manage the B-Park shopping centre development in Bruges. The total investment comes to about EUR 90mln. Jones Lang LaSalle Capital Markets advised AXA on the purchase of the Belgian shopping mall development.
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.
