A UK-focused closed ended real estate investment trust that collects ground rents from residential property has revealed that Savills has marked down the value of its portfolio from £110 mln (€127 mln) to £81 mln in the space of a year.
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.
