Listed Swedish property company Kungsleden said it had entered an agreement with construction and civil engineering corporation Peab to acquire two public properties with a total lettable floor-space of 7,282m[sup]2[/sup] for SEK 13 mln (EUR 1.34 mln). The properties, which are currently under construction, are located near Stockholm. Kungsleden is scheduled to take possession in July 2009.
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.
