IEF Capital, a joint venture of Bouwfonds Asset Management and Inflation Exchange Fund, said on Wednesday it has agreed to buy part of Unibail-Rodamco's Dutch retail portfolio for approximately EUR 775 mln. The transfer of ownership is scheduled to take place in April 2008.
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.
