Spanish property group Martinsa-Fadesa is selling a 50% stake in its Moroccan unit, Fadesa Maroc, to the Casablanca-listed property company Addoha. The transaction will be carried out through the sale of EUR 114 mln worth of shares and will be completed by January 1, 2007.
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.
