US developer-investor Hines has completed the acquisition of a retail and office building on Milan's central Piazza Cordusio for an institutional real estate fund administered and managed on behalf of Bayerische Versorgungskammer (BVK), Germany’s largest pension scheme group with €62 bn of assets under management.
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.
