Pirelli RE Opportunities-managed Patrimonio Uffici fund has sold a building in Milan, northern Italy, to an unnamed institutional investor for some €100 mln. The transaction volume represents an increase of 17% on the property's book value, Pirelli RE said in a statement on Tuesday.
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.
