Norwegian property turned in a strong year in 2007, IPD said, with the Norwegian Annual Index posting a total return for the year of 18.3%. That is the highest return since the index began in 2000 and represents an increase of 0.7% on 2006. Property outperformed both equities and bonds last year, which returned 11.5% and 3.9% respectively.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
