Frankfurt-based real estate bank Eurohypo has issued EUR 550 mln of commercial mortgage backed securities (CMBS). The transaction is Eurohypo's 3rd under its programme Opera Germany and the 15th under the overall Opera programme, which has a total issuance volume of EUR 8.7 bn.
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.
