Strong investment market activity in the fourth quarter, particularly in Spain and other peripheral markets, suggests that our 2014 forecast for unchanged yields in most euro-zone property markets may be too cautious. Yet while the weight of money may well push peripheral property yields down in the next six months, if our subdued economic forecasts prove right, that momentum may then fade.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.