Commerz Grundbesitz-Spezialfondsgesellschaft (CGS), a subsidiary of Germany's Commerz Grundbesitz Group, has signed the contract for the acquisition of three logistics properties in the North Rhine Westphalia region of Germany for about EUR 50 mln. The buildings are earmarked for the company's EURO Logistik 1 special property fund for institutional investors.
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.
