Commerz Real has said it intends to carry out EUR 1.5 bn of new real estate acquisitions in Europe. 'Our plans include other real estate acquisitions in a volume between EUR 1-1.5 bn on behalf of our open-ended real estate funds before the end of this year,' said Commerz Real board member Hans-Joachim Kühl.
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.
