Equity fund manager RealKapital teamed up with property adviser Cushman & Wakefield's residential arm for the launch of a new CEE Residential Fund at this year's MIPIM trade fair in Cannes. Realkapital said it is launching the fund in response to the strong demand driving an overhaul of the existing aged housing stock in Central and Eastern Europe and is looking to raise EUR 200m.
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.
