M&G, the EUR 1.04 bn offshore UK property fund, confirmed Friday that it is now requiring institutional investors to provide 90 days notice before redeeming investments, but denied a report in the Financial Times that the move was necessary to conduct an emergency sale of property assets.
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.
