Rental market conditions continued to be gloomy across Europe but there were some signs of stabilisation, according to Jones Lang LaSalle's latest Office Weather Forecast. The property adviser says it believes the worst rental falls are past in all 27 markets and over half recorded no change in rents in the final quarter of 2009.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
