LONDON-European office markets will recover over the next 12-24 months and prime rent growth will become more prevalent, says LaSalle Investment Management.
WARSAW-The loan is secured by more than 14 modern distribution facilities wholly owned by PEPF II offering a total of 3.2 million square feet in major distribution hubs throughout Poland.
MILAN-Objectives include an extension to cover Rome as well as Milan office, and to subsequently look at Italian domestic retail and logistics markets.
PARIS-The Polish government had to approve of the acquisition of two malls in the country. The REIT is buying Simon Ivanhoe, a jointly-held unit of US-based Simon and Ivanhoe Cambridge.