British investment banking group Evans Randall has agreed to buy the Konigsbau Passagen shopping in Stuttgart for EUR 220 mln from HSH N Real Estate and property company Stilwerk. The sale, which is subject to approval by the Baden-Württemberg state trust, is Evans Randall's first acquisition in Germany.
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.
