Property fund manager Teesland has agreed to a £1.91 per share offer from Australian peer Valad for the remaining 28% of Teesland that Valad does not already own. The offer values Teesland at £240 mln (EUR 337 mln).
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.
