Kazakh real estate company Chagala Group has signed an agreement with Zere, another local firm, to develop and operate a number of shopping centres across the country. Under the plan, Chagala will take a 50.1% interest in Zere's subsidiary Zere Malls, which will be renamed Chagala Zere Malls (CZM).
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.
