As the search for yield becomes ever more desperate, there's a growing risk that real estate investors will allocate more capital to development which could, as a result, lead to the creation of the next real estate bubble, Thomas Wels, global head of real estate at UBS Asset Management, has warned in an interview with PropertyEU.
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.
