German property company Degi said on Wednesday it has acquired the Andernach Shopping World centre in the western town of Andernach for around EUR 40mln. The property will be added to Degi's German Business fund, which focuses on commercial properties in Germany and which now has a portfolio of around EUR 400mln.
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.
