Hypo Real Estate Bank said it has provided EUR 138mln financing to GREP, a Luxembourg-based real estate investment vehicle. The facility is being used by GREP to refinance a commercial real estate portfolio comprising 91 retail and office properties located in German city centres, with a focus on North Rhine Westphalia and Bavaria.
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.
