ING Real Estate Management (ING REIM) has announced the acquisition of Ociopia shopping centre in Alicante, Spain for about EUR 50 mln from Spanish developer Grupo Inerzia. ING said the scheme is the seventh income-producing asset in the portfolio of ING Retail Property Partnership Southern Europe.
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.
