Vienna-based Warimpex Finanz und Beteiligungs plans to raise EUR 130 mln through the sale of 10 million shares at a price between EUR 8.5 and EUR 13 per share. The offer comprises six million new shares and four million existing shares, including an over allotment option of one million shares, the hotel property investor said in a statement. The move is aimed at he;ping expansion into eastern Europe.
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.
