Global real estate investment manager Invesco Real Estate (IRE) has picked up Garage Traversi in Milan for its core pan-European flagship strategy. The former parking garage is located within Milan's luxury quarter, and will be converted in the next 18 months into a Class A mixed-use scheme.
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.
