French REIT Gecina has become the 4th largest publicly quoted European property company following the completion of its takeover of peer Eurosic. As part of the operation, Eurosic divested €463 mln of non-core assets to former Eurosic shareholder Batipart Group.
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.
