Vienna- and Warsaw-listed property group Immofinanz has closed the sale of its Russian retail portfolio to Russia's Fort Group for around €900 mln, thus executing a key precondition for its planned merger with fellow Vienna-listed real estate company CA Immo.
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.
