Take-up in the greater Paris area is expected to drop 20% in 2009 compared to last year, from 2.35 million m[sup]2[/sup] in 2008 to approximately 1.8 million m[sup]2[/sup] in 2009, Benoit du Passage, managing director of Jones Lang LaSalle France, said during the JLL Occupational Markets Briefing in Cannes on Wednesday.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
