000			01559cad a22002175a 4500
001			L156251
008			120509s2012 xxk 000 0 eng d
035			_a(Sirsi) u156251
041	0		_aeng
110	2		_aPramerica Real Estate Investors _95594
245	0	0	_aEuropean quarterly outlook _bApril 2012 _h[economic resource]
260			_aParsippany NJ _bPREI _c2012
490		0	_aPramerica Real Estate Investors European Quarterly Outlook _vApril 2012
520			_aFears about the future of the Eurozone are dominating the markets. The weak economy and uncertain capital markets helped push down private investment activity in Q1 2012. Investors and lenders retreated again to chase the hard-to-find prime assets in the Northern European office markets. Prime office yields rose slightly in a number of office markets for the first time in several quarters. An estimated Euros 500bn of commercial real estate loans need to be refinanced over the next three years. Occupier demand remains weak and take-up fell in Q1 2012, although in recent weeks there were some signs of an improvement.
520			_aExecutive summary:macro-economic themes - implications for commercial real estate; Economic trends; Transactions and pricing; Debt markets; Property markets - Investment performance; Attractive risk-adjusted investment opportunties.
590			_aKA
651		4	_aEurope
690			_aCommercial property _96227
856	4	0	_uhttps://www.pramericarei.com/pramerica/pdf/realestate/Pra_EQ_Apr_12.pdf _zView the report at www.pramericarei.com
942			_n0
999			_c83977 _d83977