A subsidiary of Europe-focused PPHE Hotel Group has purchased the remaining 50% share in a hotel development site in Hoxton, London, for £35 mln (€40 mln) from the Reuben brothers, joint venture partners in the scheme.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
