The total volume of IPD Property Derivatives traded in the third quarter of 2008 fell 38% on the previous quarter, to £1.15 bn (EUR 1.8 bn). A total of 166 trades were executed during the three-month period to 30 September, the lowest number of trades since the third quarter of 2007, according to data released by Investment Property Databank (IPD).
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
