Austrian property company Immobilien Invest said it planned to buy back up to 10% of the company’s issued share capital in the first half of 2008. The company said it would purchase as many as 8,535,927 shares at a price between EUR 8 and EUR 11 per share, for a maximum investment of EUR 93.9 mln.
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.
