GE Real Estate Central & Eastern Europe has entered into a forward funding agreement with Euro Mall Holdings, a subsidiary of TK Development, for the development of a shopping centre in Kolin and a retail park in Liberec, the Czech Republic for approximately EUR 44 mln. The shopping centre in Kolin will have a floor space of 10,000 m[sup]2[/sup] and is scheduled for completion in spring 2008.
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.
