Privately-owned Irish property company, Shelbourne Development, has unveiled revised plans to build a 2,000 foot (609 metre) residential tower in Chicago. Shelbourne purchased a site on the shore of Lake Michigan for $64 mln (EUR 48.4 mln) in July for the 'Chicago Spire', which would be the tallest skyscraper in north America and the second tallest residential building in the world.
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.
