Finnish property firm Citycon has said it will invest EUR 39 mln in the second and third phases of the redevelopment of the Rocca al Mare shopping centre in the Estonian capital of Tallinn. Citycon's total investment in the mall will be about EUR 130 mln, consisting of a EUR 68 mln development investment and the initial acquisition cost.
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.
