Portuguese real estate firm Imorendimento has announced that one of its funds is investing EUR 100 mln in the development of a new retail project for locals and tourists in the Algarve region of the country. The Summerville Shopping Parque scheme will comprise a modern 43,800-m[sup]2[/sup] shopping centre, office space, a budget hotel and a healthcare facility.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
