AXA Real Estate Investment Managers (AXA REIM) started construction last week of the first Hilton Garden Inn hotel in Switzerland. The investor is planning to spend around CHF 50 mln (EUR 40 mln) to develop the hotel next to the conference centre in the city of Davos. Swiss construction group Baulink has been contracted for the development.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
