GE Capital Real Estate has announced the promotion of Xabier Barrondo to Western Europe cluster leader and managing director for France. In this new position based in Paris, Barrondo will manage GE Capital Real Estate's EUR 4 bn regional portfolio and lead France, Spain and Italy with a direct oversight of the French platform.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
