RREEF Real Estate has agreed to acquire a central Milan office block for EUR 100 mln from Patrimonio Uffici, a fund managed by the Pirelli Group. The 14,266 m2-property located in the central business district near the city's historic Duomo and the Sforzesco Castle consists of offices and seven retail units.
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.
