The seminar heard that if the Euro were adopted tomorrow, it would be extremely beneficial for UK investors. By European standards the UK property market is relatively transparent, liquid and landlord-friendly. European investors would pile in to the UK market and yields would fall as a result.

And UK investors seeking to buy property elsewhere in Europe would benefit from decreased currency risk. However, the risks of investing in high-yielding property markets may well be underlined by the "one size fits all" interest rate policy within the Eurozone. This could mean that instead of stabilising demand for property using interest rates, the Eurozone policy could create more volatility.

The workshop was held at Grosvenor Estate's central London offices. The chair was Karen Sieraki and speakers included Milan Khatri from the RICS; Darren Rawcliffe of Grosvenor, Robin Goodchild of LaSalle Investment Management and Stephen Lee of Reading University.