Property adviser Cushman & Wakefield said on Tuesday that the Central London property market saw a record GBP 18.7 bn (EUR 24.7 bn) in investment in 2007, well up on the £14.5 bn registered the previous year. This was a despite a sharp drop in investment in the fourth quarter, to GBP 2.32 bn from GBP 3.56 bn in the last quarter of 2006.
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.
