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European Real Estate Facing Year of Recession, Reduced Finance and Declining Values

ULI and PwC Annual Survey Finds Confidence in Availability of Debt and Equity Sinking
France is thought to be least likely to enter recession. (iStock)
France is thought to be least likely to enter recession. (iStock)
CoStar News
November 3, 2022 | 7:43 AM

A majority (71%) of real estate leaders expect Europe to move into recession before the year ends, while 2023 will be a period of reduced finance and declining values, according to the annual survey from public policy group the Urban Land Institute and PwC.

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