06.04.2011 - Europe: Property stocks may gain from ECB rate rise
With the European Central Bank likely to raise short-term interest rates this week for the first time in three years, the era of cheap money on the Continent appears to be coming to a close. But for property owners, there could be a positive short-term impact. At times of rising inflation, investors looking for a safe haven tend to turn to tangible assets such as real estate. "As we move from a world of falling inflation to one in which rising inflation is something investors should worry about, I see real estate playing a protective role," said John Lutzius, head of the European office of boutique research firm Greenstreet Advisors in London............................................Full Article: Source
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