French property firm Gecina says it had committed to the development of a EUR 790 mln logistics park in Louailles, Western France. The project involves the building of four logistics platforms of between 30,000 and 45,000 m[sup]2[/sup]. The first completions are expected in 2009.
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.
