Morgan Stanley is launching a $8 bn (EUR 6.29 bn) international opportunity fund for real estate investments in several markets outside the US, including Japan, Germany, China and India. Jay Mantz, co-head of Morgan Stanley Real Estate, told an investor presentation that the fund will go after riskier investments rather than traditional real estate funds, Bloomberg News reported.
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.
