Düsseldorf-based closed-end fund Signa Property Funds has acquired the Hoto business tower in the Croatian city of Zagreb for EUR 72 mln. The building, built in 2004, is let to the Croatian subsidiary of Deutsche Telekom, Hrvatski, through 2019. In a statement, Signa said that Hrvatski is occupying about 25,576 m[sup]2[/sup] of space. Landesbank Hessen-Thüringen provided EUR 50 mln in financing for the transaction.
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.
