Italian commercial property capital growth finally fell into negative territory, by -2.5%, in the six months to the end of December 2008, according to the IPD Italian Biannual Property Index. The IPD said that after posting flat growth for the first half of last year, the delayed effects of the credit crunch had, at last, started to show through.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
