Germany's Alstria Office REIT swung to a loss of EUR 56 mln in 2008 from a profit of EUR 52 mln a year before. Net Asset Value (NAV) amounted to EUR 729 mln, down 16% on 2007's levels of EUR 870 mln. The decrease mainly reflected the revaluation of its investment portfolio.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
