Total returns for Swedish property fell to -3.3% in 2008, a substantial drop from the 14.7% return achieved in 2007, according to the SFI/IPD Swedish Annual Property Index. Swedish property outperformed equities but lagged behind bonds, which returned -39.5% and 15.7% respectively.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
