French car manufacturer Renault is seeking to offload around EUR 1 bn of real estate assets, or one sixth of its property portfolio worldwide in a bid to raise fresh equity, French newspaper Le Monde has reported. The portfolio inlcudes 138 assets across Europe, of which 72 in France.
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.
