Vienna-based property company CA Immo saw its losses widen to EUR 35 mln in the first quarter of 2009, from EUR 30 mln a year before, as a result of worsening conditions in the CEE and SEE markets. The company's portfolio lost EUR 52 mln in the first quarter of 2009, consisting of devaluations of EUR 59 mln in the CEE and SEE portfolio and a revaluation of EUR 8 mln in its German assets under development.
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.
