Invista Real Estate reported a pre-tax loss of £3.7 mln (EUR 4.2 mln) for full-year 2008, compared to a pre-tax profit of just under £50 mln in 2007. The largest UK listed property fund manager blamed the loss on the 'unprecedented falls' in UK commercial real estate.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
