Cologne-based Colonia Real Estate has dissolved its business cooperation with Systaic, a month after the Dusseldorf-based provider of solar panel systems had signalled the partnership was finished. Colonia said its legal assessment was that the cancellation was invalid but it could see 'no basis for further successful cooperation' with Systaic.
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.
