With take-up around Europe expected to fall an average 15% this year and rents on the decline, investors are shifting their focus from capital to rental values, according to Etienne Prongue, director of international investment at Atisreal. 'Rents are set to decline in every market. Today most investors are looking at rental rather than capital values.'
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
