The estimated £4.3 bn (EUR 5 bn) in new equity that has been pumped into the UK listed property sector via rights issues and share placings in the past ten months appears to be having a strong stabilising influence on the market, new Net Asset Value (NAV) research data from the European Public Real Estate Association (EPRA) indicates.
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.
