Finnish real estate fund EPI Russia 1 has acquired the Kellerman business centre in St Petersburg. The total value of the investment is expected to amount to some EUR 150mln after the development potential in the property has been realised, Finnish bank Evli said in a statement issued earlier this month.
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.
