German property investor Deka Immobilien has acquired a new development project for three warehouses in the northern Italian province of Piacenza for approximately EUR 60 mln. The project was bought from Milan-listed project development company Realty Vailog for Deka's Deka-ImmobilienEuropa funds.
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.
