The Investment Property Databank (IPD) said that total returns for its UK Pooled Property Fund Index were -18.7% in the fourth quarter of 2008, taking annual returns for 2008 to -32.0%. This compares to -6.7% over 2007.
The Investment Property Databank (IPD) said that total returns for its UK Pooled Property Fund Index were -18.7% in the fourth quarter of 2008, taking annual returns for 2008 to -32.0%. This compares to -6.7% over 2007.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.