The board of Hypo Real Estate Group has welcomed 'in principle' the news that a group of investors led by US private investor JC Flowers intends to make a public offer for 24.9% of the shares in Germany's second-largest commercial real estate lender.
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.
