Report: European CRE yields stabilize in third quarter

10/6/2009 | Reuters

Prime commercial property yields might be dropping in Europe. The yield showed signs of stabilizing in the third quarter ended Sept. 30. "The rental market remains more difficult with economic conditions still weak, although even here the degree of decline seen in the third quarter is moderate by recent standards," said Nick Axford, CB Richard Ellis' head of EMEA Research and Consulting.

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