Twelve military barracks, parts of two former military areas with a total of 600,000 m[sup]2[/sup] of space, were returned last Friday to the city of Bologna, northern Italy. Italy's Prime Minister Romano Prodi signed the transferral of properties to the city during a ceremony held in the city's Town Hall. 'The largest (real estate) operation since the war', commented Deputy Minister for Economy Vincenzo Visco.
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.
