Spanish property tycoon Luis Portillo and the Nozar group, the two main shareholders in Inmobiliaria Colonial, confirmed on Tuesday that the Investment Corporation of Dubai (ICD) has resumed talks with them about a potential bid for a controlling interest in the troubled Spanish property company.
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.
