Hypo Real Estate Group has decided to combine its five offices in the city of Munich and has signed a tenancy agreement for the Lehel Carré office complex owned by Versicherungskammer Bayern, Germany's largest public sector insurer. The building complex, located in the central Lehel district of Munich is currently being refurbished, and will be ready for occupation 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.
