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European view summer 2009 update [electronic resource]

By: Language: English Publication details: [S.l.] ING Global Real Estate 2009Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that the optimism shown in recent forecasts has not yet crystallised into improving hard economic figures, and suggests that the economic outlook is still being adjusted downward for most of Europe. Argues that initial yields are still rising, which will mean continuing lower property values, when combined with the worsening income outlook and the problematical refinancing environment.

Reports that the optimism shown in recent forecasts has not yet crystallised into improving hard economic figures, and suggests that the economic outlook is still being adjusted downward for most of Europe. Argues that initial yields are still rising, which will mean continuing lower property values, when combined with the worsening income outlook and the problematical refinancing environment.

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