Hamburg-based Union Investment said its L'Unico and Pixel project developments in Luxembourg were completed on schedule at the end of 2007 after a 15-month construction period. The company said the two mixed-use projects, acquired in 2006 for its open-ended real estate fund UniImmo: Europa, are now operational.
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.
