The Russian arm of Finnish real estate investment company Sponda Germany's Spag have signed a binding agreement to purchase three office properties close to the centre of St Petersburg for EUR 4 mln. The properties have a combined leasable area of 2690 m[sup]2[/sup] and are fully leased. The tenants are Finnish, local and international companies.
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.
