German-listed residential property company Vivacon has acquired 80% of Curanis Holding, one of the largest real estate managers in Germany. Curanis is based in Munster, Lower Saxony and services more than 53,000 residential and commercial units in more than 250 locations. The market value of the properties under management amounts to approximately EUR 4 bn. The financial details of the acquisition were not disclosed.
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.
