French real estate investment trust Gecimed has said that it will carry out a EUR 100 mln capital increase in order to finance various projects and reduce debt. Shareholders will receive a proposal allowing for their preferential subscription rights to be maintained, following approval of a prospectus by the French securities regulator (AMF), the company said in a press release.
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.
