Cushman & Wakefield reported a loss of EUR 47.3 mln in the first quarter of 2009, according to a statement issued by Exor, the holding company of the Italian Agnelli family which owns 72% of the London-based firm. The figure compares to a loss of EUR 24.1 mln in the same period a year earlier.
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.
