Swedish-based property adviser Catella said on Thursday that it has sold its property management business to German peer Gestrim, which is majority-owned by French group Nexity. No financial details were disclosed. The deal includes the transfer of all 33 Catella employees.
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.
