Merill Lynch and German firm Colonia Real Estate have teamed up to acquire a mixed real estate portfolio in Germany for about EUR 75 mln. Merill Lynch holds 90% of the joint venture set up for the transaction while Colonia has the remaining 10%.
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.
