German real estate investor Commerz Real signed the deed for the purchase of De West development in Amsterdam from Dutch project developer Fortress. Once completed in the latter part of this year, the 11,000 m[sup]2[/sup] multi-functional office property will be added to the portfolio of the Euro Property 1 institutional real estate fund. The transaction volume of the transaction was EUR 37mln.
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.
