Property adviser Jones Lang LaSalle (JLL) has announced the acquisition of Kemper's Group in Germany. JLL expects to complete the transaction by May 2008, subject to approval by Germany's Monopolies and Mergers Commission. The acquisition will increase the number of JLL employees in Germany to 500.
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.
