Real estate group Allreal has bought a 56,000 m[sup]2[/sup] plot of land in Wallisellen district in the Swiss canton of Zurich for an undisclosed amount. The land was sold by Plazza Immobilien, the real estate arm of Zurich-based Conzzeta Holding. Allreal said it is planning to invest EUR 227 mln to develop the site.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
