Babcock & Brown, the Australian international investor and asset management group, has announced the private placement of two-thirds of the equity capital in Babcock & Brown Development Fund (BBDF) to Assicurazioni Generali, the largest Italian investment and insurance group.
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.
