RE Capital, a European property company started by Newman Leech, and local partner, Real Estate Investement Group (REIG), have sold a majority stake in their Villas Lobo project in the Algrave in Portugal to a local private equity firm.
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.
