Real IS, a Munich-based subsidiary of Bayern LB, has bought a logistics property in the central German region of Nordhessen for EUR 45 mln. Developed by ECE, the property is entirely leased to the Hermes Group and consists of 20,000 m[sup]2[/sup] of logistics space.
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.
