Norges Bank Investment Management has exchanged contracts to buy 79 Avenue des Champs-Élysées in Paris from Groupama for €613 mln, a price that is believed to equate to a yield in the region of 2%-3%.
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.
