Sandor Demjan, chairman of Budapest-based real estate developer Trigranit, signed a cooperation agreement with St. Petersburg governor Matvienko Valentina Ivanovna on 7 December to carry out two large-scale urban development projects in the city with a total investment volume of EUR 500 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.
