Crunch Time for Global Real Estate Market ; Commercial Property

Summary


The value of the real estate capital market reached EUR12 trillion in 2007 - up 18 per cent on the previous year, according to DTZ's Wagship Money Into Property report.

Global investment transactions also grew to EUR730 billion in 2007, but, following the change in the global investment environment over the course of last year, DTZ expects a fall of 30 per cent in 2008 to about EUR500 billion.

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Extract


Crunch Time for Global Real Estate Market ; Commercial Property

DTZ also said that global direct real estate transactions were down some 50 per cent in the first quarter of 2008, compared to the sa...

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