Schroders Property Investment Management has launched two new funds of funds to enable investors to diversify beyond their national markets. The European Fund 1 will invest in unlisted property funds across Europe, while the Continental European fund 1 will be aimed primarily at UK investors but will exclude real estate in Britain.
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.
