Jelmoli Holding is launching legal proceedings against the Israeli consortium that pulled out of the EUR 2 bn deal to buy a portfolio of 88 properties from the Swiss retail and property group. In a statement, Jelmoli said it is suing Blenheim Properties, Delek Global Real Estate and Delek Belron International to obtain the agreed price and interest.
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.
