Pricing through the cycle in Europe [electronic resource]

Hayes, Peter

Pricing through the cycle in Europe [electronic resource] - Parsipanny, NJ Pramerica Real Estate Investors 2010

Discusses a newly-created model based on a measure of "cyclical fair value", which it is hoped would explain why, during the recession, yields of commercial properties in Europe peaked below their long-term averages. Suggests that capital-growth driven markets are the most attractively priced.

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