Frankfurt-based DIC Group has acquired the 'Primo 3' portfolio from the City of Hamburg in a deal with a total investment volume of EUR 205 mln. The portfolio consists of 52 commercial properties with a total floor space of around 176,000 m[sup]2[/sup]. The transaction is subject to the approval of the Senate and the Parliament of the Free and Hanseatic City of Hamburg.
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.
