The cost of renting office space in Moscow rose almost 42% in 2007, according to Jones Lang LaSalle's latest European Office Property Clock. Major Western European capitals also experienced significant increases, but not to the extent of the Russian capital. Office rents rose 21% in London, 16% in Madrid and 13% in Paris over the last year.
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.
