19.09.2012 - Europe: Real-estate firms hold back on deals
Low interest rates are giving many publicly traded property companies in Europe an advantage over private-equity funds, their traditional rivals when it comes to buying property. But listed companies haven't fully taken advantage of this competitive advantage, real-estate experts say. Many European real-estate investment trusts already have too much debt on their balance sheets and not many of the high-quality properties that REITs like to buy are on the block, they say...............................................Full Article: Source
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