German-listed residential property company Vivacon has acquired 80% of Curanis Holding, one of the largest real estate managers in Germany. Curanis is based in Munster, Lower Saxony and services more than 53,000 residential and commercial units in more than 250 locations. The market value of the properties under management amounts to approximately EUR 4 bn. The financial details of the acquisition were not disclosed.
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.
