The number of investors chasing European real estate has fallen to 3:2 in the wake of the global credit crisis, Tony Horrell, head of European capital markets at Jones Lang LaSalle, said in an interview with PropertyEU at Expo Real. 'Earlier this year, we were looking at a ratio of 5:1.'
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
