A group of unnamed Italian and other private investors has teamed up with a number of German firms to acquire a mixed-use portfolio of eight buildings in the central business district of Berlin. It is understood that the investment volume for the 60,000 m[sup]2[/sup] portfolio was in the region of EUR 80mln, reflecting a net initial yield of about 6.5%.
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.
