03.09.2010 - European property stocks may gain 20pct, JPMorgan says
From Bloomberg: European real commercial estate shares may rise as much as 20 percent over the next year as investors buy stocks currently trading more than 25 percent below the value of company assets, JPMorgan Chase & Co. said. Land Securities Group Plc, Capital & Counties Properties Plc and Alstria Office REIT-AG, JPMorgan’s top picks, may gain as much as 30 percent over the period, London-based analysts including Harm Meijer said in their annual property handbook published today..............................................Full Article: Source
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