Germany's financial market stabilisation fund Soffin has said that applications for state aid from financial institutions rose by EUR 31 bn in February. The fund, set up in October 2008 to bail out financial services institutions with severe liquidity problems, received applications for EUR 294 bn in February, compared with EUR 263 bn previously.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
