The weighted average European prime office yield moved out 20 bps from 5.8% at the end of 2008 to 6.0%, a much smaller increase than the 50 basis point movement between Q3 and Q4 2008, according to JLL's Q1 2009 European Office Yields Report. The yield range across Europe continued to widen both between core and emerging markets and within core markets.
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.
