Babcock & Brown, the Australian international investor and asset management group, has announced the private placement of two-thirds of the equity capital in Babcock & Brown Development Fund (BBDF) to Assicurazioni Generali, the largest Italian investment and insurance group.
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.
