Capital raising in the second half of 2008 slowed dramatically as activity in the non-listed property markets came to a halt due to the financial downturn. In total, fund managers raised EUR 10.2 bn in 2008, compared to EUR 19 bn in 2008, a drop of 46%. Of the total for 2008, 61% was raised in the first half of the year.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
