German investor LHI Leasing has set up a new closed-end real estate fund to acquire the BMW dealership providing some 35,000 m[sup]2[/sup] of space in Stuttgart-Vaihingen. The investment volume of EUR 69 mln consists of EUR 57 mln provided by a number of investors in the fund and a further EUR 12.5 mln of its own capital.
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.
