Irish investor Derek Quinlan and Propinvest, a London-based private investment company, have completed the acquisition of the European headquarters of Citigroup Bank in London from Royal Bank of Scotland for £1 bn (about EUR 1.4 bn). The trophy asset will be leased back to Citigroup for 25 years.
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.
