Financial Times FT.com

Property showing signs for optimism

By Ruth Sullivan

Published: July 19 2009 08:27 | Last updated: July 19 2009 08:27

European commercial property prices are showing signs of stabilising, particularly in the UK, France and Germany, after taking a beating in the past two years, according to a mid-year report from LaSalle Investment Management.

“Signs of optimism are appearing in more sustainable pricing, especially in the UK, where foreign investors are attracted by a weakened sterling,” said Robin Goodchild, head of European research and strategy. “France and Germany have significantly repriced too this year, starting tooffer similar investment opportunities,”

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