Eagle Quest Properties

LaSalle Investment Management on Monday said investor sentiment in the European commercial property sector had stabilised, that repricing had found a floor and that there was rising interest in the UK market.

In its 2009 Mid-Year Update, the U.S. real estate investment firm said, looking forward to 2010, investors should capitalise on the reversion to more sustainable pricing in commercial property, although deals will need to withstand falling rents.

This could be achieved by long leases or by picking properties that were so attractive to occupiers that they will weather the recession without this protection, LaSalle said, adding retail offered the best investment prospect.

via LaSalle says European comm. property sector stabilised | Currencies | Reuters.

Tags: attractive prices, commercial property, lasalle investment management, offshore interest, offshore investors, property sector, real estate, real estate investment firm, repricing, retail property, sustainable pricing, uk market

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