Real Estate Outlook – Europe, Edition 4 - 2020
Subdued fundamentals persist as the second wave breaks around Europe.
Europe remains in a somewhat gloomy situation despite strong 3Q GDP growth numbers. Occupier demand has been very subdued for all asset classes apart from logistics, while investment volumes have been down as investors struggle to visit assets and become more nervous about the market outlook. As a result, we are not expecting strong momentum going into 4Q causing most countries to have a weak 2020.
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