Frankfurt-based property investment company Degi announced on Tuesday that is has signed a contract to purchase Iris Shopping Centre Titan in Bucharest for EUR 140mln. The acquisition was carried out by a vehicle that is to be integrated into special property fund, Degi Europe Retail.
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.
