Russian property development company Sistema-Hals JSC intends to develop a 100,000 m[sup]2[/sup] Hals Mart retail and entertainment complex in Saint Petersburg. The company said that Sistema-Hals Group's unit Hals-Invest Development has signed a 12-year EUR 144 mln credit agreement with the bank Eurohypo to finance the development of the shopping centre.
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.
