05.03.2012 - Germany: Investors driving up core property prices, shunning development

Investors looking to guarantee stable and secure cash flows are driving up the cost of core properties, rather than considering development as an investment option, a new report has found. The report by consultancy EC Harris also noted that investor interest in German property was biased towards retail, with 58% preferring the sector – more than double those in favour of the office sector, which came a distant second at 26%...............................................Full Article: Source

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