French property firm Gecina said Thursday it had gone ahead with the proposed share swap with and separation from Spanish property giant Metrovacesa, bringing to an end the dispute between Metrovacesa's three main shareholders, the Sanahuja family, Joaquin Rivero and Bautista Soler. Following the move, Rivero and Soler are Gecina's main two shareholders.
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.
