Reinsurer Swiss Re has confirmed media speculation it is in 'exclusive talks' with a potential buyer for its City of London skyscraper known as the 'Erotic Gherkin' but it stopped short of naming the interested party. 'We expect negotiations to close by early 2007,' Swiss Re said.
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.
