A partnership between Joud Real Estate Funds and Monte-Mena, both units of Egyptian developer Osoul Group, is developing a 66,000 m[sup]2[/sup] luxury resort on the coast of Montenegro known as Royal Montenegro Grand Resort. Details of the project were revealed Thursday by Colliers International Montenegro, which along with the Colliers Greece, is acting as exclusive consultants for the project.
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.
