IVG Immobilien, the largest listed real estate group in Germany, struck an upbeat note on Thursday despite posting a EUR 44.8 mln after-tax loss for the first quarter of 2009. A year earlier, IVG recorded a profit of EUR 21.1 mln.
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.
