The property markets continue to wrestle with the problems of doing business in a financial environment in which debt is harder to come by, and in which economic growth is at a virtual standstill, or in some countries even going backwards, restricting many occupiers’ move plans. Property practitioners are naturally looking hard at markets with better prospects, for new sectors of tenant demand and for alternative sources of debt. This second edition of EuroProperty Trends – the new,
free, digital-only publication that focuses on commercial property markets throughout Europe – takes in some of these issues. It examines the prospects for real estate markets in France, both in Paris and in the provinces; at
the plans and preferences of the Middle East sovereign wealth funds; and at the collective progress being made in deleveraging property. We also look in detail at one of the new sectors of
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demand: the telecommunications, media and technology (TMT) sector. It has a less conventional attitude to the space that it occupies and its location, but now accounts for a high proportion of demand. The property industry is beginning to cater for its specific needs but paucity of debt may restrict development. However, curbing any potential over-enthusiasm can sometimes be regarded as a positive while the market assimilates the new sector.
PAUL STROHM, EDITOR
EURO PROPERTY IN ASSOCIATION WITH
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