Listed real estate investment company Swiss Prime Site (SPS) has made an unsolicited offer for all the shares in its largest rival, Jelmoli Holding. SPS said the proposed takeover would create an undisputed Swiss leader in real estate with a balanced portfolio valued at CHF 8 bn (EUR 5.3 bn).
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.
