Ailing Italian property company Risanamento said it has delayed the approval of its first half financial results as it strives to reach an agreement with the banks regarding its restructuring plan. In a statement on Friday, the company said that its board would reconvene to approve the accounts by Tuesday, 1 September.
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.
