Standard Life Investments, on behalf of its European Property Growth Fund (EPGF), has sold Fortis' headquarters at Serrano, 73, in the Salamanca district of Madrid to a private Spanish investor. Although the transaction price was not disclosed, the asset is understood to have fetched around EUR 35 mln.
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.
