TH Real Estate has raised an additional €422 mln for its European Cities Fund from five international investors. The European diversified core, open-ended fund now comprises investors from Germany, Austria, the Netherlands, Italy, Ireland, the US and Australia. To date the fund has raised about €1 bn in equity.
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.
