Spanish real estate company Realia is selling 5% of its French unit Sociedad SIIC to Garber Investments for EUR 35.7 mln. The stake is being sold at EUR 366 per share, compared to the EUR 300 per share Realia paid last year when it bought 87% of SIIC.
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.
