Dublin-based public sector financier Depfa Bank, a member of the troubled Hypo Real Estate Group, has announced that its Tier 1 issuing vehicle, Depfa Funding IV, will not make payments on its EUR 500 mln preferred securities on the next distribution payment date scheduled 21 March 2009.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
