The German subsidiary of UK property company Grainger has published its tender offer for the acquisition of the shares in FranconoRheinMain AG, a residential property company listed on the Frankfurt Stock Exchange. Grainger is the largest listed residential property company in the UK.
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.
