US-based developer-investor Hines and German investment company Universal-Investment have closed the €600 mln acquisition of a flagship retail asset on Paris' Champs-Elysées from EPI, a French independent investment group owned by the family of French billionaire Christopher Descours.
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.
