German fund manager Real IS has acquired an office property in Brussels CBD for its Real IS Smart special alternative investment fund (AIF) from a joint venture of Immobel, a Belgian property developer, and Dutch project developer Breevast. The transaction volume was not revealed.
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.
