Germany's IVG Immobilien said on Thursday it has appointed Gerhard Niesslein as the new spokesman of the board of management. He takse up office on 1 November 2008. Niesslein, aged 55, has 30 years of experience in the real estate business.
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.
