UK retail developer Milligan is joining forces with US private equity group Blackstone in a joint venture to invest up to £500 mln in shopping centres in the UK. The deal involves Blackstone providing the majority of the funds to the joint venture with Milligan co-investing.
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.
