Max Property Group raised £220 mln (EUR 252 mln) on its first day of trading on London-based AIM, the international market for growing companies. Max’s investment strategy is to take advantage of the current cyclical weakness of the UK real estate market through acquisitions, active asset management and judicious use of non-recourse borrowings.
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.
