AIM-listed property company Develica Deutschland Limited (DDE) has announced it is to acquire a German first-class office portfolio for EUR 266.3 mln in cash. The price reflects a net initial yield of 5.87%, Develica said in a press release.
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.
