German property compnay Colonia Real Estate has secured a refinancing of one of its residential portfolios through a successful debt-buyback. The financing volume was more than EUR 30 mln. The company agreed the financing in May this year at a fix-rate mortgage with a German mortgage bank. The coupon is less than 6% with a five year maturity.
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.
