Could it be that things are finally looking up? I like this quote:
"Sustained demand for retail property has become the primary driver of the European commercial property market with continental Europe the main beneficiary, according to a new study.
According to research from consultancy firm CB Richard Ellis (CBRE), first-quarter commercial property investment was 32 per cent higher in 2011 than at the same point of last year, boosted by increased risk appetite"
See: http://www.commercialfinancegroup.co.uk/news/11318-retail-demand-driving-european-commercial-property-sector
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