29.07.2010 - Office developers in Europe begin to circle
From WSJ: With Europe's financial sector showing signs of stabilizing, developers have begun to dust off plans. A development boom, however, isn't likely anytime soon. Demand for new office space, while rising in some markets, is still so weak that it hardly justifies a major push to create new space in most European markets. Also, despite the largely reassuring result of "stress tests" of European banks, financing for major new construction remains scarce..............................................Full Article: Source
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