Austria-listed Meinl European Land (MEL) announced on Thursday that Israeli property company Gazit-Globe and CPI Capital Partners Europe are to make a strategic investment of up to EUR 800mln in the company. MEL's governance and management structure is also being re-structured.
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.
