A total of EUR 8.58bn was invested in Germany in the first quarter of 2008. This represents a fall of 29% on the equivalent period last year, property consultant Atisreal said in its latest research published on Wednesday. Of this figure, portfolio sales accounted for EUR 4.98 bn (58 %) and single transactions for EUR 3.6bn (42 %).
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
