DTZ Corporate Finance has launched a fund to give European institutional investors access to the fast-growing real estate market in Brazil. The fund was designed by listed Brazilian holding company Monteiro Aranha to take minority stakes in residential, office and industrial properties and has a target return after tax of more than 20% per annum.
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.
