Investment in European real estate fell 52% to $178 bn (EUR 138 bn) last year, but the region remained the most popular destination for property buyers, according to new figures from Cushman & Wakefield. Europe accounted for 41% of all commercial property transactions in 2008. Asia came in second place (30%).
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
