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U.K. REITs’ net asset values to decline through 2013, Morgan Stanley says

Posted on 06 January 2012

U.K. real estate investment trusts will see net asset values decline 5 percent this year and 6 percent the next as stagnant credit markets hurt property prices, Morgan Stanley (MS) analysts said in a research note.
U.K. commercial real estate values may fall 8 percent in 2012 and the amount of properties deemed “prime” will decrease because of the dearth of financing, according to the Morgan Stanley note on publicly traded real estate companies in Europe dated Jan. 4………………………………………..Full Article: Source

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