AXA Real Estate Investment Managers has sold a real estate portfolio consisting of 54 properties to a Morgan Stanley managed fund. The portfolio comprises a total of 216.000 m[sup]2[/sup] floor space that is principally used for commercial purposes. CB Richard Ellis and Clifford Chance advised on the transaction. The financial details of the transaction were not disclosed.
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.
