Merill Lynch and German firm Colonia Real Estate have teamed up to acquire a mixed real estate portfolio in Germany for about EUR 75 mln. Merill Lynch holds 90% of the joint venture set up for the transaction while Colonia has the remaining 10%.
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.
