Rental levels fell at the fastest ever rate in all three Baltic capitals - Vilnius, Riga and Talinn - in the first half of 2009, with declines in excess of 30%, according to Re&Solution. However, rents stabilised toward the end of the period and are expected to bottom out in the second half of the 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.
