Investment in French real estate markets delivered a negative return in 2008, at -0.9%, for the first time in the 11-year history of the IPD French Property Annual Index. After three successive years in which total returns were above 15%, French markets finally succumbed to property markets' re-pricing cycle which has swept the globe.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
