European quarterly market perspective [electronic resource] January 2009
European quarterly market perspective January 2009 [electronic resource]
- Parsipanny, NJ Pramerica Real Estate Investors 2009
- PREI European Quarterly Market Perspective .
Reveals that investment activity fell sharply in the fourth quarter 2008, resulting in unprecedented drops in property values, and that lack of available debt may produce difficulties for property owners. Reports that rental growth is slowing and forecasts this will continue throughout 2009. Concludes that rising vacancy rates means a shift in the balance of power between landlords to tenants.
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Europe
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Reveals that investment activity fell sharply in the fourth quarter 2008, resulting in unprecedented drops in property values, and that lack of available debt may produce difficulties for property owners. Reports that rental growth is slowing and forecasts this will continue throughout 2009. Concludes that rising vacancy rates means a shift in the balance of power between landlords to tenants.
Advanced
Europe
333.33 $2 18