Unibail-Rodamco, Europe's largest shopping centre landlord, has announced it is acquiring Sydney-listed peer Westfield for $24 bn (€21 bn).
One of the largest international real estate deals ever, the merger of the European and Australian listed groups creates a global property leader with €61.1 bn of gross market value, located in 27 of the world's retail markets and cities in the US, UK and continental Europe.
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.
