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Eurozone Real Estate Outlook: 1H16 download
The economic outlook for the eurozone has become increasingly polarized between the relatively positive domestically driven recovery, which drove GDP growth above expectations in 2015, and the decidedly negative global economic headwinds and geopolitical risks that have risen in prominence over the past six months.
Although the European economy continues to face significant headwinds, these are predominantly from external forces and a tentative recovery in the domestic economy actually drove economic growth above people’s expectations in 2015.
Improving occupier market fundamentals – in a tightening real estate pricing environment...