French logistics property developer Argan said it has been appointed to develop a 40,000 m[sup]2[/sup] logistics platform for L'Oreal in France. The high environmental quality project will be located in Roye, around 20 km from Amiens. Construction is expected to start in November 2009, with delivery scheduled for June 2010.
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.
