German lender Deutsche Pfandbriefbank (pbb) and UK bank HSBC have jointly underwritten a €117 mln investment and development facility for the Valad Polish Retail Fund, which is managed by Valad Europe, part of Cromwell Property Group.
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.
