Europe’s Real Estate Recovery Gains Momentum

Law360, New York (November 27, 2013, 5:55 PM EST) -- After years of facing a brutal combination of global tail risks and local headwinds, European real estate markets appear to be gathering steam in both volume and breadth. While the global property investment market is predicted to grow by around 6 percent this year, European real estate markets generally experienced a more robust year-on-year progress in 2013.

The biggest cleanup in banking history is well under way in Europe, and many European countries are showing signs that they have battled the sovereign debt crisis successfully and...
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