No bubble, no crash
The European real estate market in 2015 looks exciting. The economic recovery is picking up, total returns have been very strong over the previous two years and a growing number of markets are reaching record-low yields. Is this going to lead to a price stabilisation, a correction, a slump or maybe a crash?
This article appeared in the January issue of The Institutional Real Estate Letter - Europe: https://lnkd.in/dZeP2eP