Swedish property company Fabege said on Tuesday it is teaming up with peer Peab to develop a project in Ulriksdal near Stockholm. Under the deal, Fabege will gradually acquire development rights for 50,000 m[sup]2[/sup] of office space. The financial details were not disclosed.
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.
