The pace of UK commercial property capital value falls eased in January to a decline of -3.01%, according to the IPD UK Monthly Index. After three successive record monthly capital value declines over the final quarter of last year, peaking at -5.84% in the month of December, the tempered decline is an encouraging start to 2009, IPD said.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
