Metro is selling its Extra business consisting of 245 Extra supermarkets to German cooperative Rewe for an undisclosed amount. The German retailer said that the move is aimed at cutting debt as well as focusing on the food business of its Real stores which are expanding into eastern Europe and Turkey.
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.
