09.06.2009 - Europe: Investment activity plunges 74% in Q1
From Propertyeu.info: Investment volumes in Europe fell 74% in the first three months of 2009 year-on-year to just EUR 11.4 bn, according to the latest European commercial real estate investment update from adviser Cushman & Wakefield. No market was unscathed, the report said, adding that rents are under pressure in most areas as the decline of the occupational sector accelerates further. With prime yields rising further, capital values across Europe were down 18.5% over the year........Full Article: Source
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