Rugby Estates Investment Trust (RugbyReit) has made an offer worth £21.5 mln (EUR 30 mln) to aquire the entire share capital of George Philip Properties Group (GPPG) from private investors. GPPG has assets in London and Northern Ireland valed at £26.7 mln which generate a rental income of £1.1 mln annually.
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.
