Independent Italian real estate investment manager Coima Sgr has completed the recapitalisation of its Lido di Venezia fund, creating a potential €250 mln in financial resources to commence refurbishment of the historic Hotel Excelsior (pictured) and Hotel Des Bains in Venice.
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.
