The municipality of Bournemouth has announced the creation of a Local Asset Backed Vehicle with UK construction group Morgan Sindall (MSIL) for the development of a mixed-use scheme in the UK city with an estimated value of between £350 mln (EUR 415 mln) and £500 mln.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
