30.07.2010 - Crisis looms for commercial real estate in Europe
From Lse.co.uk: Investors have started once again to circle European commercial real estate on the back of relative price improvements from the nadir of mid-2009 and in view of attractive yields. This follows a protracted period of inactivity as prices fell dramatically from their highs in parallel with the meltdown in the global banking sector. But is this new-found confidence built on solid foundations, or will it be blitzed by the coming credit crunch that could send the market into a tailspin in a property double-dip?.............................................Full Article: Source
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