Belgian listed real estate company Befimmo has announced it is issuing 3.7 million new shares to raise EUR 166.6 mln to bolster its financial position. The preferential rights issue is supported by Befimmo's main shareholder, Fortis Insurance Belgium, and associated companies, who will subscribe to 701,351 new shares for EUR 31.3 mln.
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.
