PropertyEU

QE will prolong low interest rates and competitive exchange rate

By Cormac Mac Ruairi 2015-01-23T00:00:00

Rather than having a direct impact on bank lending, the big benefits for the real estate sector from the European Central Bank's €1.1 tln Quantitative Easing (QE) programme come from low long-term interest rates and a more competitive exchange rate, writes Neil Blake, head of EMEA Research at CBRE.

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