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Global real estate not being judged on fundamentals

Posted on 13 October 2011

Patrick Kanters, managing director and head of global real estate with APG Asset Management, said now is an excellent opportunity to get into the real estate investment market.
“Going forward, we think that entering the markets this and next year will provide very decent returns,” he said. The European listed real estate market has undergone a sharp correction, and Kanters said it is now trading at a discount to net asset value. He added that the correction is very much a temporary problem and not related to the underlying fundamentals……………………………………….Full Article: Source


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