Danish property developer Sjaelso Gruppen said its biggest shareholder, SG Nord, has declined to sell any of its 30% stake in the firm in connection with Sjaelso's planned EUR 27 mln share buyback. Sjaelso announced the buyback on 16 January.
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.
