Eastern European property investor Dawnay Day Carpathian plans to raise £100m through a placing of more than 83 million shares on AIM to buy and develop more real estate in the region. Financial Times. The Times

Dawnay Day launched Carpathian on Aim in June 2005, raising £140m of equity. It said this month it had reached its full investment target with more than 90% of funds invested or committed.