CPI Property Group (CPIPG) has signed a binding agreement to sell 84% of the shares of Remontées Mécaniques Crans Montana Aminona, the company owning and operating the Crans Montana ski lifts in Switzerland, as well as several assets and properties relating to the on-mountain activities, including restaurant outlets and a ski school business.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
