Global investment in commercial real estate will fall 17% in 2008 to $770 bn (EUR 518 bn) after reaching a record $930 bn (EUR 665 bn) in 2007, according to property advisor Cushman & Wakefield. The projected slowdown comes after trading volumes eased by 12.5% between the first and second halves of last year, the company reports in its International Investment Atlas 2008 released today.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
