GE Real Estate is planning to invest more than EUR 1 bn in acquisitions of commercial properties across France this year, GE Real Estate France's president François Trausch said in a statement. GE Real Estate owns about EUR 5 bn of assets across the country and the company is targeting acquisitions of at least EUR 1 bn 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.
