Activum, the European real estate investor and turnaround manager, said it has acquired an 8,800 m[sup]2[/sup] office building in Frankfurt from WestFonds Immobilien-Anlagegesellschaft mbH, a wholly owned subsidiary of WestLB. The parties agreed not to disclose the transaction volume.
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.
