Italian real estate company Aktiva is to invest EUR 500 mln in the development of Romilia recreational and retail centre near Bologna, in northern Italy, the financial newspaper Milano Finanza has reported. The centre will cover an area of 3 million m2, of which 1.7 million m[sup]2[/sup] is green area, and will be located in the town of Medicina, 20 km away from Bologna.
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.
