German investor KanAm Grund has acquired the Le Jade office building in Saint-Denis in the northern suburbs of Paris for an undisclosed amount. The building was bought from Italian insurer Generali and provides around 38,000 m[sup]2[/sup] of office space and about 700 parking spaces.
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.
