Frankfurt-based Degi, part of Aberdeen Property Investors, has sold the Hyundai Swiss Tower in Seoul to a South Korean buyer for EUR 39 mln. The German company said the sales price exceeded the latest valuation despite the difficult market conditions.
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.
