Belgium is considering the creation of a new non-listed REIT structure for pan-European institutional investors in direct property aimed at establishing the country as a centre for tax-efficient fund structures to rival neighbouring Luxembourg, the PropertyEU/EPRA Benelux Investment Briefing at the Realty real estate trade fair in Brussels heard on Wednesday.
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.
