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
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.