Over the past two years, the affordability of an owner-occupied home in Europe has deteriorated significantly, write Frank Verwoerd, head of Living Research at advisor CBRE, and colleague Frederieke Meijer.
Pbb Deutsche Pfandbriefbank, the European specialist bank for commercial real estate finance, has provided a €118 mln senior loan to support the acquisition of a logistics portfolio by Clarion Partners Europe, on behalf of one of its commingled funds, from funds managed by Blackstone.
