Commerz Real said on Thursday that it has acquired an office property in Munich for an investment volume of EUR 50 mln. The building was completed in 2004 and is earmarked for the company's hausInvest europa open-ended real estate fund. The seller was not disclosed.
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.
