European Investors Desire Property Re-Pricing

To prove the beginning of a movement, the report points to the Meadowhill shopping center 50% stake sale to London & Stamford Property. The portion sold for $793 million.

According to the article, "Although many experts contend the Meadowhall deal is the beginning of a trend, investment activity in European commercial real estate will still be moderate in 2009 compared to previous years as Europe's economy struggles." To read the rest, click here.