Dutch real estate company Corio plans to offload EUR 200 mln worth of assets in the Netherlands. The portfolio includes 25 small retail properties - mostly supermarkets and small shopping centres in secondary locations across the country. According to Gerard Groener, new CEO of Corio, the assets didn't offer growth potential and were no longer strategic for the company business.
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.
