PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Capital value decline slowing; UK, Nordics to recover soonest, says Aberdeen
The pace of decline in capital values of commercial real estate across Europe is beginning to slow, but economic growth should return next year, says Aberdeen Property Investors. "We still expect another weak 12 months for property market returns, driven by sharp falls in rental levels and further falls in capital values, before the market fully recovers," said its latest quarterly report, authored under Head of Research Alessandro Bronda. "The UK has already re-priced .. and is now stabilising. Capital values in the eurozone will continue to fall, but at a slower pace. Over the next five years, we expect UK property to outperform, followed by the Nordic region and the eurozone." Prospects for central Europe remain weakest.