Netherlands-based Multi Development has teamed up with Vivico Real Estate in Frankfurt for its first retail project in Switzerland. The 30,000 m[sup]2[/sup] complex will be developed in Basel as part of Erlenmatt, a new district being developed by Vivico. German property newspaper Immobilien Zeitung reported that Vivico will also act as investor for the retail development.
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.
