Investor sentiment has stabilised and re-pricing has found a floor, according to a mid-year update from LaSalle Investment Management on the European commercial real estate market. There is also evidence that there is increasing competition, particularly from foreign buyers attracted by the weakness in sterling and the benefits of the UK lease, the report said.
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.
