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Published on 23 December 2009 by Europe Real Estate
Key commentary from CBRE’s forthcoming report – After the Storm: Where Next for European Property? The economic aftermath of the collapse of Lehman in September 2008 has been well documented and continues to unfold. Against a background of extreme uncertainty, investment decisions froze and most of the world’s major economies entered recession. Unemployment has risen sharply across Europe and is still rising; stock markets, asset prices and business and consumer confidence tumbled, and even now the flow of credit to businesses remains patchy.
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