Free Trial
Sign up now for a free 60-day trial of Property Investor Europe.
Next Issue Monday
13 September 2010
Featured Events
- CoreNet Global Summit
27-29 September 2010
London, UK
- Commercial Real Estate Finance Council Europe
25-26 October
London, UK
- MAPIC 2010
17-18-19 November 2010
Cannes, France
Debt de-leveraging is bigger issue than equity for RE recovery - PwC's Forbes
One of the main elements influencing an eventual recovery of European property from the current crisis will be its ability to de-leverage from high debt accumulated over the boom years, says the head of EMEA real estate for PricewaterhouseCoopers. Not only is equity likely to remain scarce, but debt may be a bigger issue still, John Forbes told a meeting in Frankfurt focused on Emerging Trends in Real Estate Europe, conducted late last year by PwC with the Urban Land Institute.