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DTZ has downgraded its European real estate investment forecast for 2012 due to the ongoing deterioration in Europe’s economic outlook.
In its latest European Investment Market Update, the broker, part of Australian group UGL, said it expects volumes to shrink by 11% to EUR 100 bn this year from over EUR 110 bn in 2011 as uncertainty about economic prospects impacts on the commercial real estate market………………………………………..Full Article: Source
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Real Estate Briefing - Categorized | Europe, Investment more
Europe: DTZ cuts investment forecast as debt crisis continues
| Posted on 17 May 2012 |
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