Norwegian property turned in a strong year in 2007, IPD said, with the Norwegian Annual Index posting a total return for the year of 18.3%. That is the highest return since the index began in 2000 and represents an increase of 0.7% on 2006. Property outperformed both equities and bonds last year, which returned 11.5% and 3.9% respectively.
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.
