Brack Capital Real Estate is one of three finalists in the tender to buy the property portfolio of Germany's Landesentwicklungsgesellschaft (LEG), owned by the State of North Rhine-Westphalia, according to a newspaper report. If the company wins the tender it will pay EUR 3.4 bn for the portfolio of 93,000 rental apartments in the state.
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.
