There are 'signs of sweeping recovery' in the volumes of pfandbrief covered bonds being issued despite the financial market crisis, according to the Association of German Pfandbrief banks (VDP). A survey conducted by the VDP indicates that the aggregate volume for pfandbrief issuance in January this year was more than EUR 8 bn. Mortgage pfandbriefe and public pfandbriefe accounted for about EUR 4 bn.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
