With yields in the UK market starting to stabilise and even decline for selected prime assets, bargain hunters are now looking elsewhere in Europe. For many, like Henderson Global Investors, their first port of call will be Paris.
With yields in the UK market starting to stabilise and even decline for selected prime assets, bargain hunters are now looking elsewhere in Europe. For many, like Henderson Global Investors, their first port of call will be Paris.
In a recent press release, the UK-based investor said it believes that investment in the French property market is once again looking attractive and that it is exploring opportunities to recommence investment. ‘Henderson will focus its attention on prime Parisian offices and France-wide prime retail assets, both of which it believes are beginning to offer real value, having fallen 30% to 40% since the market peak in the summer of 2007.’
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