Credit Agricole, AXA, Groupama are considering teaming up in a consortium to acquire Sacyr Vallehermoso's 33.2% stake in French services and construction company Eiffage, Spanish news website El Confidencial reported. The move would be the easiest solution to Sacyr's embroilment with French securities watchdog AMF over control of Eiffage, the paper noted.
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.
