Islamic real estate investment trusts (IREITs) will experience new record growth both in the Asia-Pacific and Gulf Cooperation Council regions during 2008, Moody's Investors Service has predicted in its 2007 Review & 2008 Outlook: Islamic Finance report.
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.
