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Europe listed sector forecast to remain flat in 2012

Posted on 26 January 2012

The European listed property sector is expected to continue to trade at a ‘wide discount’ to Net Asset Value this year after having lost as much as 10% over 2011.
‘Real estate is perceived as being part of the financial industry and as such it very much depends on the banking sector and the availability of credit. That’s why stocks continue to underperform,’ said Céline Donnet, an analyst with financial group Petercam in Brussels………………………………………..Full Article: Source


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