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Forecast flat, with discomfort

By: Language: English Series: EuroProperty ; 6 December 2010, 8(1)Publication details: 2010Subject(s): Summary: CB Richard Ellis's forecast for European property predicted a generally flat outlook against a background of slow, uneven recovery with eurozone debt problems and account imbalances. Vacancy rates across Europe are starting to edge down but rental growth is confined to prime space and driven by lack of new development. Graphics show investment market turnover in Europe and Prime All-Property EU-15 capital values.

CB Richard Ellis's forecast for European property predicted a generally flat outlook against a background of slow, uneven recovery with eurozone debt problems and account imbalances. Vacancy rates across Europe are starting to edge down but rental growth is confined to prime space and driven by lack of new development. Graphics show investment market turnover in Europe and Prime All-Property EU-15 capital values.