GE Real Estate has completed the purchase of its first retail mall in Rome from the Aareal Italy Fund for EUR 60 mln and said it plans to invest a further EUR 386 mln to EUR 540 mln in the Italian retail and office sectors in 2007.
GE Real Estate has completed the purchase of its first retail mall in Rome from the Aareal Italy Fund for EUR 60 mln and said it plans to invest a further EUR 386 mln to EUR 540 mln in the Italian retail and office sectors in 2007.
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.