Orco Property Group has acquired the CAP2 building in Capellen, Luxembourg, from Belgian redeveloper Banimmo for EUR 31.5 mln. Orco, which is based in Luxembourg, will use part of the property as its headquarters. The building comprises 7.750 m[sup]2[/sup] and has 750 parking spaces. It is almost entirely let to 'first-class' tenants, Banimmo said.
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.
