Danish property company Kristensen Properties has acquired four fully-leased office buildings in the PRE park in Kaiserslautern, in the German Rhineland-Palatinate state. PRE Regionalentwicklung is selling the assets at a total price of EUR 33.25 mln. The office properties provide a total lettable area of 25,000 m[sup]2[/sup].
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.
