Amsterdam and Tel Aviv-listed investment company Kardan plans to invest up to EUR 800 mln in China and India to develop residential and commercial real estate. 'We see enormous demand in these markets,' Kardan chairman Alain Ickovics said in an interview with Bloomberg.
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.
