Moscow and Istanbul ranked first and second as this year's top real estate markets in Europe for both investment and development prospects, according to Emerging Trends in Real Estate® Europe 2008, a real estate forecast released at the MIPIM real estate fair in Cannes by the Urban Land Institute (ULI) and PricewaterhouseCoopers today.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
