Effects of euro conversions
Series: Estates Gazette ; (0201) 5 January 2002, 23(1)Publication details: 2002Subject(s): Summary: Jones Lang LaSalle's "New Year Money" report suggests that statistical quirks and rounding conversion figures could lead to overvaluations in the European property market. Analysts warn that the practice of rounding currencies up or down to the nearest euro could raise commercial property rental prices by around 3% overnight.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3801-14 (Browse shelf(Opens below)) | 1 | Available | 116201-1001 |
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Jones Lang LaSalle's "New Year Money" report suggests that statistical quirks and rounding conversion figures could lead to overvaluations in the European property market. Analysts warn that the practice of rounding currencies up or down to the nearest euro could raise commercial property rental prices by around 3% overnight.