Some 73% of the world’s EUR 2.3 tln Sovereign Wealth Funds (SWF) sector has exposure to real estate and 51% to infrastructure, according to a new report. While the importance of such funds continues to grow, their appetite among many for Western assets, especially financial institutions, has waned as a result of the global downturn.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
