Western Europe has gone through a pretty substantial repricing of real estate assets. Many people question why they've been so steady here, relatively speaking, suggesting the domestic funds are inexperienced. Does the volume of local capital create its own market?
This is nothing new. We went through it in 2008 and 2009. But this crisis, if you can call it that, is different. As you say, there are a lot of Czech funds with a lot of money to invest and for a long period there haven’t been any assets to buy. When someone puts an . . .
------------------------------------------------------------------------------
Subscriber content
Archival content is available to subscribers only. If you have a membership subscription and are are experiencing issues logging in, please try the login below:
If you're interested in reading further, why not gain full access to the archives by subscribing?
Order your subscription here and we'll send you an invoice.
Annual memberships (€100/yr) can also be paid for by credit card, or you can pay month-to-month by clicking here.
