Harbert European Real Estate Fund II has entered into its first joint venture with Promociona Hispania as part of a logistics and industrial development platform in Spain. The business partners expect to invest between EUR 150 mln and EUR 200 mln in the joint venture's projects over the next couple of years.
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.
