The real estate markets of Emerging Europe have experienced the largest slump in capital values of all the regions in the world. Some 46% more chartered surveyors reported a fall in capital values rather than a rise in the third quarter of 2008, compared to 1% reporting a rise in the previous quarter, according to the latest RICS Global Commercial Property Survey released on Monday.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
