German real estate company and project developer 3C Real Estate has commenced construction of Lomarer Hofe, a new Eur 12mln inner city development, in Lohmar. The project, which comprises some 5,500m[sup]2[/sup] of offices, flats and convenience centre, is expected to complete end 2008. Contracted tenants include Rossmann and KIK and further tenants are also currently in negotiations.
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.
