Investietico, a closed-end property fund managed by Italian listed real estate company Aedes, is acquiring a 10,000 m[sup]2[/sup] healthcare property in Milan for EUR 24.5 mln. The purchase of the property from Polo Geriatrico Riabilitativo of Milan is scheduled for completion in January 2008.
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.
