2010 Will Be A “Bloodbath”, But Keep Reading
November 5, 2009
We’ve heard all sorts of things to describe the fall in CRE. The most recent have been “Bloodletting” (Soros), “Huge Crash” and “Tragedies” (Ross). P&I is out with an article pointing to the recent PwC/ULI report that is being widely reported on. They’ve focused in on the most sensational part of the report:
“2010 looks like [...]
European Commercial Market Down But Opportunity Remains
September 21, 2007
The US subprime mortgage crisis, softening demand for housing, and more attractive prices for US REITs didn’t take long to affect REITs in Europe. The Wall Street Journal reports that European commercial real estate share prices dropped by 11% in the second quarter.
During this time the cost of credit swaps increased 63 basis points to 6.1% [...]
