Fashion retailers are feeling the cold winds of the current downturn, according to Frederic Fontaine, CEO of Corio France. 'Fashion retailers will be looking to reduce their spaces,' he said, adding that he expected the difficulties to continue through 2009 and 2010. 'We will see more adjustments to the tenant mix.'
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
