Dutch property company Redevco has bought Glasgow's up-market Princes Square shopping centre for £100 mln (EUR 149 mln) in one of few deals of its kind since the onset of the turmoil in the credit markets. The transaction covered the 9,200 m[sup]2[/sup] mall and the 11,600 m[sup]2[/sup] Guildhall Office Development nearby.
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.
