Portuguese retail specialist Sonae Sierra has joined forces with Italian construction firm Impresa Pizzarotti & c. on a 50/50 basis to invest €200 mln in the development of a new shopping centre and retail park in Parma, northern Italy.
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.
