Vienna-based Immoeast is to increase its activity in Ukraine and invest in Russia to a lesser extent. Karl Petrikovics, CEO of the largest listed property company in Austria, told PropertyTV at MIPIM IN Cannes that Immoeast, which to date has focused on Central and Eastern Europe, may also step up its presence in Serbia. But the property investor remains cautious about the political climate in the Balkan country.
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.
