Inditex, the fashion retail group, is negotiating for the acquisition of Spanish real estate company Astroc Mediterraneo, financial sources have told the Bolsa Cinco newspaper. President of Inditex, Amancio Ortega, is said to be in talks with Astroc to acquire between 5% and 10% of the property company's capital.
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.
