Real IS, the property arm of German lender BayernLB, has acquired the Airfield Office project in Böblingen, Baden-Württemberg, from a joint venture between Stuttgart-based property developer W2 Development and Munich investor Competo Capital Partners.
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.
