Direct investment in retail real estate in Europe during 2010 totalled more than EUR 20.6 bn, representing a 68% uplift on 2009 (EUR 12.3 bn), according to Jones Lang LaSalle. Some 50 transactions were recorded in Q4, accelerating total volumes to EUR 6.7 bn, almost 80% up on Q3 and comfortably the busiest period of the year.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
