The extent of the ongoing decline in real estate total returns worldwide is the worst since the Investment Property Databank (IPD) began collating the figures in 1985. This crisis is unique from earlier ones in that it preceded rather than followed on from an economic downturn, according to Ian Cullen, director and co-founder of the IPD.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
