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 property at turning point, returns rising - Aberdeen
Property markets in Europe have reached a turning point and the performance outlook continues to recover, largely driven by improving capital market conditions, says Aberdeen Property Investors. It raised the five-year average total return forecast for all property in the eurozone to 6.7% from 6.4% foreseen last quarter. Office yields are likely to compress a little more than retail yields in 2010. In terms of capital value decline, most European markets will bottom out between late 2009 and end 2010. (See upcoming PIE/PFE editions for full story)