Max Property Group saw its share price rise 30% to 130 pence on its first day of trading on Thursday on the London Stock Exchange. The flotation of the real estate investment company, headed by British entrepreneur Nick Leslau, is the UK's first initial public offering of the year and Europe's largest IPO, according to a report in the Financial Times.
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.
