Blackrock International, the Dublin-based investment group, has seen its Net Asset Value fall by 36% in the course of 2008 as a result of deteriorating conditions in the property market. The company said that its NAV per share is expected to amount to slightly more than EUR 0.25 at end-December and qualified the outcome as 'very disappointing'.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
