French SIIC Icade has announced that its majority shareholder Caisse des Dépôts (CdD) has successfully sold 1.4 million Icade shares, representing about 2.85% of share capital and 2.87% of voting rights, to comply with real estate investment trust (REIT) ownership regulations.
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.
