German property company Tegernsee Immobilien- und Beteiligungs-Aktiengesellschaft (Tag) said it is selling four retail buildings in the German Rhine/Main region with a volume of EUR 13.4 mln as part of the process of optimising its portfolio. The package, with a total floor space of 6,600 m2, is being sold to international investors.
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.
