Hines, the US-based international real estate firm, has commenced the initial public offering of Hines Global REIT, a public non-traded real estate investment trust. The company is seeking to raise a maximum of $3.5 bn (EUR 2.4 bn) from the offering.
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.
