Logistics real estate company Parcolog has acquired a 15,210 m[sup]2[/sup] warehouse on a 20,234 m[sup]2[/sup] site near Lille, in Northern France, the monthly business Immo magazine reported. The transaction was undertaken on the basis of a 7.25% yield, for an asset completely let to MGF. The price of the transaction was not disclosed.
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.
