Italian property giant Pirelli RE and General Electric, through its subsidiaries GE RE Italia and Commercial Finance Services Italia, said they have acquired five portfolios of non-performing loans with a gross book value of some EUR 2.4 bn from Banca Antonveneta and its Interbanca unit.
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.
