Prologis, the Denver-based distribution space giant, announced on Wednesday that it has started work on its first project in Austria, Prologis Park Himberg located just outside Vienna. Construction of the first of two planned distribution centres in the park has begun and Prologis expects to complete the 32,700 m[sup]2[/sup] facility in early 2009.
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.
