Frankfurt-listed Hypo Real Estate has expressed confidence that the European Commission (EC) will rubber stamp the German government's multi-billion euro support for the ailing property lender. Hypo Real Estate was reacting to the news that the EC has initiated a formal investigation to ascertain whether the government's 'restructuring support' is compatible with EU law on state aid for commercial companies.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
