Spanish property company Riofisa has acquired a 330,000 m[sup]2[/sup] plot of land in Torrejon de Ardoz, 18 km from Madrid, to develop a logistics and office centre on the site. The company said in a press release that it plans to invest EUR 120 mln in the Megacampus Logistico development.
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.
