Spanish property tycoon Luis Portillo and the Nozar group, the two main shareholders in Inmobiliaria Colonial, confirmed on Tuesday that the Investment Corporation of Dubai (ICD) has resumed talks with them about a potential bid for a controlling interest in the troubled Spanish property company.
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.
