Austrian real estate investor Signa Holdings is reportedly acquiring a portfolio of Karstadt department stores in Germany for EUR 1 bn. The portfolio includes the Kaufhaus des Westens (KaDeWe) department store in Berlin, according to a report in the German edition of The Wall Street Journal.
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.
