PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
European RE values to bottom in third quarter 2009, CEE next year - LaSalle IM
Commercial property values in western Europe should reach base around the third quarter of this year - about three months later than the UK - while central and eastern Europe is unlikely to bottom out before first quarter 2010, says fund manager LaSalle Investment Management. European MD Claus Thomas said LIM sees UK, Australia, Korea and Japan as the first to reach bottom around 2Q08, US as bottoming around first quarter 2010, and Chinese major cities as being at the end of the cycle, reaching the valuation base only at the end of 2010.