European commercial property investment fell 61% in 2008, while offices take-up dropped 19%, according to the latest European market indices report issued by Atisreal. The report, which measures prime data across seven major European cities, said that prime yields across Europe have continued to rise since the summer and there are currently no European prime yields below 5%.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
