Eurohypo, the commercial real estate financing arm of Commerzbank Group, said it will seek to reposition its business this year with the launch of a new plan for its real estate activities. The bank, which unveiled a pre-tax loss of EUR 1.4 bn for 2008, said 'it will pay particular attention to which kind of real estate financing it will offer in which markets - and in which organisational form it will do so.'
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
