Direct investment in retail real estate in Europe during 2010 reached over EUR 20.6 bn, a rise of 68% on 2009 (EUR 12.3 bn), according to Jones Lang LaSalle. 150 transactions were recorded in Q4, boosting total volumes for the three-month period to EUR 6.7 bn, up almost 80% on Q3.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
