Madrid-based European private equity real estate manager Azora has completed the final close of its latest pan-European hospitality fund, Azora European Hotel & Lodging (Azora EH&L) reaching €815 mln in total commitments plus additional co-investment capital, representing a 36% increase over the original €600 mln target.
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.
