Challenges and opportunities for European real estate: Insights from our sixth annual EMEIA Real Estate Workshop

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Challenges and opportunities for European real estate: Insights from our sixth annual EMEIA Real Estate Workshop

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Real estate professionals attending Ernst & Young’s conference were almost equally split in their views of the Eurozone’s future. Asked whether the Eurozone would survive in its current form for the next 12 months, 48% thought it would not. Michael Portillo, keynote speaker at this year’s conference, said politicians and policy advisors will be highly focused on the Eurozone’s problems during 2012. “There’s an enormous amount of political capital invested in the Euro, so huge amounts will be expended in trying to save it.” Ernst & Young’s economic forecasting group, ITEM Club, assumes an orderly resolution of the Eurozone crisis will be...

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