Austria-listed Meinl European Land (MEL) announced on Thursday that Israeli property company Gazit-Globe and CPI Capital Partners Europe are to make a strategic investment of up to EUR 800mln in the company. MEL's governance and management structure is also being re-structured.
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.
