Property fund Holding Cinque has sold a logistics park in Paullo, Milan to Sireo Immobilienfonds No.4 SICAV for EUR 31 mln. The transaction reflected a gross yield of 6.5 %. The vendor was advised by Savills while Redilco represented the purchaser.
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.
