Capital & Regional, the co-investing property asset manager, has announced that its 19.4%-controlled X-Leisure Unit Trust is planning to raise around £50 mln (EUR 57 mln) through a heavily discounted offer to existing unit holders. The new units are being offered at a price of 10p, representing a discount of 72.5% to the unit price at end-March of 36.4p.
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.
