German fund manager Munich Ergo Asset Management (Meag) has sold a portfolio consisting of six commercial properties in the Netherlands to Dutch privately-owned asset manager Solidiam. The portfolio provides a total 60,000 m[sup]2[/sup] of space leased to about 20 tenants. The financial details of the transaction were not disclosed.
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.
