Irish investment company D2 Private is reportedly buying a government-occupied block in London's West End for £180 mln (EUR 254 mln). In September Legal & General's Life and Linked Life funds put the 31,600 m[sup]2[/sup] block up for sale for £200 mln, but the ongoing credit crunch forced them to accept a 10% cut in the transaction price.
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.
