Axa Property Trust has announced it expects to make new acquisition shortly following on from its purchase of three out-of-town retail warehouses in Montabaur and a plot of land next to an existing property in Kraichtal, both in Germany, for a total of EUR 19.4 mln.
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.
