Belgian property group Banimmo is looking to raise EUR 55 mln from its Brussels IPO on 29 June. The firm is issuing new shares and has set a bandwidth of EUR 20 to EUR 23. Banimmo specialises in the renovation and upgrading of existing office and retail premises and is looking to expand its portfolio from the current EUR 300 mln to around EUR 500 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.
