British Land, the second-largest REIT in the UK, saw the pace of portfolio valuation decline slow markedly in the first quarter to end-June to an average 3.7%. The UK portfolio shed 3.1% of its value, outperforming IPD by 1%, the company said in a press release on Tuesday.
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.
