Dusseldorf-based Commerz Real, a subsidiary of Commerzbank, has acquired the office complexes Ar Mor Plaza in St Herblain near Nantes and Parc Cezanne 1 in Aix-en-Provence for a total amount of EUR 50 mln from French real estate company Groupe Lazard. The two modern office complexes will be added to the French portfolio of its Hausinvest Europa open-ended property fund.
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.
