Australian property group Goodman has merged its Celogix Property Fund into the Goodman European Logistics Fund (GELF) to create one of the largest logistics fund in Europe. The combined fund has 45 logistics assets in nine European countries and a gross value of EUR 950 mln.
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.
