Finnish real estate company Sponda has purchased two shopping centres in Moscow for a total of $109 mln (EUR 71.5 mln) from LR Russia. Built in 2004, the 9,000 m[sup]2[/sup] Sun Paradise I was bought for $66 mln. The shopping centre accommodates food, domestic appliance and cosmetics services retailers.
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.
