Immobiliare Grande Distribuzione (IGD) has acquired 100% of Romania's shopping centre owner Winmarkt Magazine from Ivington Enterprises and Broadhurst Investment, two subsidiaries of US private equity group NCH Capital Group. The transaction volume comes to more than EUR 182mln. The deal was carried out via a 90/10 joint venture with Inpartner, a real estate advisor that has long been active in Romania.
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.
