Muted forecast for 2011
The commercial real estate forecast, based on the opinions of 600 industry experts, predicts that 2011 will not be the turnaround year that the European real estate industry had hoped for, according to a report published by PricewaterhouseCoopers and
Concerns for 2011 are how much impact Basel III will have on the appetite of banks to lend to property and, when they do, how expensive this debt will be. Dublin was rated the lowest of the 27 cities evaluated for both investment and development. For more details, visit www.pwc.com/ie.
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