US real estate investor StepStone Real Estate has closed its StepStone Real Estate Partners III fund (SREP III) with $700 mln (€665 mln) of capital commitments, exceeding the $500 mln (€475 mln) target.
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.
