The average yield gap between prime and secondary office properties in European CBDs has widened to around 85 basis points at end Q2 2009, back to mid-2006 levels. This is one of the key conclusions of Savills European Quarterly data bulletin, which examines office, retail and industrial sectors. During the peak of the market, the gap narrowed to almost 60 basis points.
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.
