The first six months of 2009 represented an unprecedented period in the Irish property investment market with only EUR 41.6 mln invested over the period. The slump in transactional activity reflected curtailed bank funding and a lack of clarity regarding values which had a severe impact on investment activity, according to a recent report by adviser CB Richard Ellis.
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.
