European retail attracts risk-averse investors

06/8/2010 | Bloomberg Businessweek

Europe's retail centers are attracting a growing number of new investors, who are drawn to the sector's risk profile and predictable income stream. Sales of these assets reached $23 billion in the first quarter of 2010, according to CB Richard Ellis. "It's the defensive area to be in," says Michael Rhydderch with Cushman & Wakefield in London.

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