Aedes has accepted Cordea Savills' binding offer to purchase 81.7% of Boccaccio, a closed-end real estate fund reserved for institutional investors that specialises in retail properties. The deal is expected to be completed by March 30, 2007, Aedes said in a press release.
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.
