Over 75% of the 27 countries surveyed by RICS saw a rise in fire sales in the commercial property market in Q2, according to a research report published this week by the UK-based organisation. The report also foresees transaction activity in distressed properties set to rise in 2010 'as interest from specialist funds gains traction'.
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.
