CB Richard Ellis Investors has bought 10 hotels in Germany from US investment company Lone Star for its hotel investment fund Dynamique Hotels. Financial details were not disclosed. The deal, which was concluded at end-2007 but not announced until last Friday, was part of a share swap and included the hotels' management companies as well as the hotels themselves.
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.
