Europe´s Economic Crisis has Left Real Estate Investment and Development in Limbo - Little Relief Expected In 2012 ...
PARIS, January 27, 2012 /PRNewswire/ An economic crisis has left the European real estate industry in limbo, with preferred markets chosen more on their potential as safe havens than high-growth hubs, and with highly specialised non-core …
Santander feels pain of real estate hangover
MADRID - Santander , the euro zone's biggest bank, reported a sharp drop in annual profit after it set aside money to cover foreclosed Spanish property, anticipating government demands for lenders ...
Euro zone woes will widen London-UK property gulf
LONDON - The gulf in commercial property values between London and the rest of the UK will widen in 2012 as uncertainty over the euro zone crisis and the threat of recession hits real estate prices outside the best locations, Investment Property Databank said. So-called secondary assets lost 1.9 percent of the their value in the last quarter of 2011 while prime real estate rose 0.6 ...