Orion European Real Estate Fund IV has bought the Kingsgate Shopping Park in East Kilbride near Glasgow, Scotland, from Aviva Life & Pensions UK. The transaction volume was not revealed but is understood to be in excess of €100 mln.
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.
