Colonial's chairman Luis Portillo has said he is planning to enter the bidding to purchase the Repsol development in Madrid 'as soon as the details for the tender are announced'. His comment comes days after Sacyr's chairman Luis del Rivero revealed he is considering acquiring the skyscraper.
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.
