GE Real Estate announced on Thursday that it had completed the acquisition of an office building in Rome from Fondo Polis for EUR 30 mln. The 8,000 m[sup]2[/sup] asset at Via del Serarico 121, was let to IFAD up to May 2008 but is currently vacant. According to the company statement, the building will be refurbished before being offered to the market in 2009.
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.
