Dutch-listed property company Vastned Retail said on Thursday it has rejected a bid for the entire company because it was too low. 'The offer provides insufficient scope for the conclusion of a definitive transaction on attractive conditions', Vastned said. The company did not give additional details regarding the bidder.
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.
