After 2007, when property investments reached a record level, the financial crisis, and in some countries the economic crisis, in 2008 had a negative impact on the volume of property investments, primarily in the second half of the year.
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The value of the operational property portfolio rose in 2008 from € 5,272 million to € 5,562.9 million.
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Projects in the variable pipeline are specific acquisition projects or projects in the existing portfolio that have potential for development or redevelopment, but have not reached the same stage of compliance with the above criteria...
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