The full impact of the credit squeeze has yet to be seen in the property investment market, according to John Welham, head of EMEA retail investment at CB Richard Ellis. Welham, who was speaking at the presentation of the European Shopping Centre Digest 2007 at the Mapic retail fair in Cannes, said that this is likely to have an increasing impact on transaction volumes in the final quarter of the year.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
