A combination of high demand from tenants, low vacancy levels and a short project development pipeline has caused a gradual shift in the real estate market in Europe benefitting landlords. It means that investors are still seeing real estate as an attractive investment, even if interest rates are climbing, a new report from Colliers International concludes.
"The study reaffirms that real estate, not only in Denmark, but also on a global scale, is keeping its position as an attractive asset class. The rate hikes we are seeing in the US, which will also hit Europe, will not change this picture," says Peter Winther, CEO of Colliers Denmark in a company announcement.
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