Property fund manager Cordea Savills announced the final closing on Monday of its Italian Opportunities II fund. The fund, which targets net returns of 20% per annum, raised over EUR 360 mln of equity from institutional investors in two closings.
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.
