Paris-listed property company Gecina said on Thursday that its board will carry out a detailed examination of the ruling by French financial regulator AMF that a share buyback programme cannot go ahead. Buying back and cancelling almost 14 million shares was to be part of the process of demerging Gecina from Spanish real estate group Metrovacesa.
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.
