Changed economic conditions have caused occupiers of office space to reconsider their cost bases in Central and Eastern Europe (CEE), leading to decreased demand for office space and downward pressure on rents in many markets, according to CB Richard Ellis’ forthcoming report, CEE Office Investment MarketView H1 2009.
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.
