Italy's Sorgente Group has acquired a retail portfolio and two office buildings across Italy for a total purchase price of EUR 250 mln. In a statement, Sorgente said the deals, which were sealed in the last days of 2007, reflect a net initial yield of around 6%.
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.
