CBRE: the value of commercial real estates further declined in Europe

The decline in the value of commercial real estates in Europe has continued: in the second quarter of 2012, the value of commercial real estates decreased by approximately 0.9 percent compared to the previous quarter – shows the latest European valuation report of CBRE global real estate consultant.

The company in its communication sent to MTI presents: Germany was the only market in Europe where there is no reduction in the value of commercial properties. In other markets, such as France, in Central and Eastern Europe and in Scandinavia between a 0.1 – 0.7 percent drop was experienced. (MTI)