AIM-listed Raven Russia has reached a preliminary agreement to let 52,000 m[sup]2[/sup] in the second phase of a planned 200,000 m[sup]2[/sup] warehouse development at Istra, Moscow. The building is due for completion in April 2008. Raven Russia said global logistics operator DSV Solutions has agreed to lease all of the Phase Two facility for ten years 'at a rent ahead of expectations'.
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.
