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European Markets Resilient, Says DTZ

LONDON - European real estate is in a strong position to withstand and impact of a downturn in the USA, claims a new report from DTZ EuroInvest.

By Graham Parker | Updated on May 01, 2001

LONDON – European real estate is in a strong position to withstand and impact of a downturn in the USA, claims a new report from DTZ EuroInvest. Many key European markets saw record levels of investment activity in 2000 and investor demand remains strong, the report says.

DTZ EuroInvest Director John Rigg said: ‘The broad pattern of constrained development activity over recent years should help to cushion the real estate sector from any adverse effects arising from slowing demand. For the foreseeable future, property markets should generally remain far less exposed than was the case in the last cycle. Indeed the property sector appears to be a relatively safe haven in an overall investment context of increased volatility.’

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