Prudential Property Investment Managers (PRUPIM) has moved into the German real estate market with the acquisition of the Glashaus project in Munich's district Parkstadt Schwabing. The office development was bought from German developer Paulus Immobilien on behalf of the M&G European Property Fund.
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.
