Vastned Retail said on Tuesday that its management board has decided to resume discussions with IEF Capital on the basis of the indicative bid of at least EUR 70 per share, after final dividend for 2007. In a statement, Vastned said that it will be in 'exclusive talks' with IEF Capital.
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.
