Metro Baltic Horizons has acquired a 16,000 m[sup]2[/sup] office complex in St Petersburg for EUR 39 mln. The deal marks the property investment company's first transaction since its raised EUR 39 mln in an IPO on the AIM market of London Stock Exchange last December. The office complex comprises six buildings and is located adjacent to Bolshoi Prospekt, one of the city's main shopping and business streets.
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.
