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13 February 2012

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European RE recovery to hinge on credit availability - Catella

A real estate recovery in Europe will depend on availability of credit, currently easier to obtain for residential property, and a sustained debt market recovery is unlikely before next year, says Diane Becker, Head of International Investment at Catella Group. In the recent Catella newsletter Statements, she said that in the medium term the German real estate market will be one of the better performers, benefiting from its solid economic base.

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