Stenprop, the UK multi-let industrial property company has exchanged contracts on the sale of its long leasehold interest in the Neucölln Carrée retail park in Berlin to Hamburg-based real estate investment manager Union Investment, acting on behalf of one of its institutional property funds.
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.
