Wealthy private individuals are becoming a force to be reckoned with in the global real estate arena, Tilman Hickl, head of real estate customised mandates at UBS Asset Management, said during an address on new sources of capital at the Inrev annual conference in Berlin.
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.
