The market is yet to bottom out, with just nine deals worth more than €1bn concluded in the last four quarters
Global property market recovery is evidenced by movement in Europe’s logistics and office markets. Photo: Getty
Three years after real estate’s last bull run ground to a halt, the global property market is showing tentative signs of recovery as easing interest rates bring some of the conditions that powered the previous boom.
But to investors, this won’t be another easy-money cycle, with borrowing costs remaining pricier than in the post-financial crisis era. While optimists may want to call the bottom, about 40,000 delegates attending an industry conference in Munich this week are likely to search for answers to a key question: is now the right time to get back in the game?
source