Dutch property company Kroonenberg has acquired a retail portfolio from Philips Pension Fund in the largest retail property transaction in the Netherlands this year. While both parties and their advisors did not reveal the transaction price, market sources suggested it was in the region of EUR 400 mln.
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.
