Swiss property company Jelmoli said on Friday that it has closed the acquisition of the remaining 55.5% stake in Tivona AG for CHF 60 mln (EUR 40 mln) in cash and 80,000 Jelmoli shares. All closing conditions have been fulfilled and Tivona will be fully consolidated with immediate effect, the company said.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
