UK development and fund management group Kenmore has announced the acquisition of the Kraaggebouwen portfolio of eight office buildings in Amsterdam from the property arm of Belgian-Dutch bank Fortis for EUR 36 mln. The transaction reflects a net initial yield of 7%. The assets are earmarked for Kenmore Europe, a joint venture with Halifax Bank of Scotland and Revcap.
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.
