Finnish property company Sponda has unveiled plans to raise EUR 200 mln of equity through a rights issue. The company said on Monday that Solidium, the owner of a 34.3% stake in Sponda, will subscribe to its pro rata share in the rights offering.
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.
