Unibail, France's largest real estate investment trust, has tabled its EUR 9.3 bn offer to acquire Dutch rival Rodamco Europe to create Europe's largest publicly traded property company. Bloomberg reported that the Paris-based company bid just over half of a Unibail share for each Rodamco share in an offer that starts on Tuesday and runs until 20 June. The price includes dividends paid by either company.
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.
