Globe Trade Centre, a subsidiary of Amsterdam and Tel-Aviv-listed Kardan, has begun construction of the 15,200 m[sup]2[/sup] NEFRYT office building in Warsaw. The building is scheduled to be ready for occupancy in the first quarter of 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.
