Hypo Real Estate Bank International has agreed to provide development financing to a 50/50 joint venture between Multi Development and UK retailer Tesco. The facility is for the construction of the Forum Liberec shopping mall in the city centre of Liberec, Czech Republic. The transaction was completed on 18 January 2008.
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.
