Reit Asset Management Munich has sold a mixed portfolio of 67 properties to Australian investor Multiplex European Property Fund for about EUR 355 mln. The properties are predominantly located in medium-sized town in western Germany. The company still holds property assets valued at some EUR 900 mln and it plans to grow this to EUR 1 bn before the end of the year.
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.
