Capital depreciation in Nordic real estate markets led to annual capital growth of -5.4% in 2008, according to the IPD Nordic Annual Property Index. Based on local currencies, the capital return over last year was the lowest annual figure in the index's nine-year history. In 2007, capital growth totalled 8.0%.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
