Spanish property group Inmobiliaria Colonial said on Thursday that it has received a letter of interest from the investment fund of the government of Dubai, Investment Corporation of Dubai (ICD), regarding the possible acquisition of Juan Carlos Nozaleda's and Luis Manual Portillo's stakes in the troubled property group.
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.
