Austrian property company Immobilien Invest said it planned to buy back up to 10% of the company’s issued share capital in the first half of 2008. The company said it would purchase as many as 8,535,927 shares at a price between EUR 8 and EUR 11 per share, for a maximum investment of EUR 93.9 mln.
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.
