RREEF Real Estate has agreed to acquire a central Milan office block for EUR 100 mln from Patrimonio Uffici, a fund managed by the Pirelli Group. The 14,266 m2-property located in the central business district near the city's historic Duomo and the Sforzesco Castle consists of offices and seven retail units.
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.
