A majority (99.8%) of shareholders has approved the conversion of listed German property company Hamborner into a real estate investment trust (REIT), clearing the way for the creation of the third G-REITafter Alstria Office REIT and Fair Value REIT.
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.
