The third quarter of 2010 has seen the aggregate vacancy rate in Europe level off at 10.1% , according to the latest research by CB Richard Ellis (CBRE). In some key markets, such as London and Munich, available supply is shrinking. However, sizeable variations exist within many cities, with vacancy rates for prime CBD space typically lower, even in places where aggregate vacancy remains high.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
