German property company Tegernsee Immobilien- und Beteiligungs-Aktiengesellschaft (Tag) said it is selling four retail buildings in the German Rhine/Main region with a volume of EUR 13.4 mln as part of the process of optimising its portfolio. The package, with a total floor space of 6,600 m2, is being sold to international investors.
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.
