Tuesday, August 17, 2010

European Investment Property

Karen Triggiani found me this story:

Judging by the latest round of reports from European property companies and tracking services, growth in property values is rapidly slowing as rents and demand for property show signs of declining in some markets.

The latest data published by research group Investment Property Databank show that property values in the United Kingdom have grown 15.4% since last August and about 7% this year. But the growth in property values has been slowing for the past four months; in July, U.K. property values barely budged, rising just 0.2% from the previous month.

For more than a year, commercial-property investment has benefited from low interest-rate levels, low bond yields, and, in some key markets, a rise in income from rent. In the U.K. in particular, property valuations surged last year.

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