Just six new schemes have been started in central London over the last six months, a dramatic reduction compared with previous years, according to the latest Drivers Jonas Central London Crane Survey for Q1 2009. In total, the six schemes account for 160,000 sq ft (14,864 m2) compared with 37 new starts totalling 4.2m sq ft 18 months ago.
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.
