Dutch property company Corio has acquired the Grand Littoral shopping centre in the French port city of Marseilles from Paris-based insurance company Macif for EUR 385m. Grand Littoral comprises 110,000 m[sup]2[/sup] of gross lettable area (GLA) and 5,000 parking spaces. The shopping centre is the fourth largest in France and will be Corio's largest shopping centre in value terms.
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.
