Portugal's Grupo Mateus has announced it is to develop a new 16,000 m[sup]2[/sup] shopping centre in the Portuguese city of Portalegre. City Shopping Portalegre will be built in a joint venture with bank Banif, private financial group Millenium BCP and the real estate investment fund Eminvest.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
