Investment in Danish commercial real estate returned 3.1% last year, compared to 10.1% over 2007, according the IPD Denmark Annual Property Index for 2008. However, property significantly outperformed the equity market, which returned -50.3% last year, but lagged behind the bonds markets, which returned 9.5%2.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
