German DekaBank has sold the 186-metre tall Trianon office tower in the Frankfurt banking district to Morgan Stanley Real Estates Eurozone Office Fund (MSEOF) for a sum believed to be in the region of EUR 620 mln. Trianon is the fifth-highest building in Frankfurt.
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.
