Munich Ergo Asset Management (Meag) has acquired the Plaza 63 office project in Stockholm for around EUR 220 mln from development consortium Stockholm Klara. The office building will offer around 25,000 m[sup]2[/sup] of floor space and 125 underground parking spaces and is due for completion at end-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.
