Kardan, the real estate, financial services and infrastructure firm, has raised EUR 38 mln from the sale of 6.7 million shares in CEE real estate developer Global Trade Center. The stake was sold at PLN 24 (about EUR 5.75) per share. The transaction was led by Dutch financial group ING acting as the placement agent.
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.
