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Europe’s property funds returning to risk of “broken” real estate

Posted on 15 March 2013

Real estate investors are venturing out from the safety of the best buildings in Europe to gamble on edgier properties in a sign of risk-taking creeping back into the market as the euro zone crisis recedes.
Buildings that are partially or fully vacant, with short periods left on the lease or in need of a revamp, are in demand when they weren’t 12 months ago, some of the world’s biggest property funds told Reuters at the annual MIPIM property conference in Cannes this week…………………………………Full Article: Source


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