IPD said that its French Property Index showed a total return of 17.8% for 2007, a drop compared to the previous year's result of 21.9%, but still impressive over the history of the index. Property outperformed the equity and bond markets in 2007, which returned 5.1% and 1.8% respectively.
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.
