German property lender Westdeutsche ImmobilienBank (WestImmo) said on Tuesday it had successfully placed a EUR 500 mln mortgage Pfandbrief on the capital market. The coupon amounts to 3% and the yield mark-up is 55 basis points above swap average. The term is three-and-a-half years.
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.
