About EUR 220 mln worth of real estate deals were recorded in Central and Eastern Europe (CEE) in the first three months of 2009 as investment slowed further, according to CB Richard Ellis. This volume represents approximately one-third of the volume transacted in Q4 2008, a slightly stronger slowdown than that experienced in the overall European investment market over the same period.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
