German property fund company Degi has purchased an office and commercial building in Mannheim from LBBW Immobilien for the Degi German business fund. The financial details were not disclosed, but this is the latest in a serious of transactions that has propelled Degi into PropertyEU's rankings of top dealmakers in 2007.
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.
