The weighted average European prime office yield moved out 20 bps from 5.8% at the end of 2008 to 6.0%, a much smaller increase than the 50 basis point movement between Q3 and Q4 2008, according to JLL's Q1 2009 European Office Yields Report. The yield range across Europe continued to widen both between core and emerging markets and within core markets.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
