Saturday, May 26, 2012
European shop investment lowest since Lehman failed
LONDON - Worsening political and economic turmoil in the euro zone has knocked investment in Europe's shopping centers and stores to its lowest level since the collapse of Lehman Brothers investment bank in 2008, data showed. Photo: CorbisEuropean retail property investment fell to 4.6 billion euros ($5.9 billion) in the first quarter of 2012, down from 12.6 billion euros in the same period in 2011 and 9.3 billion euros in the previous quarter, research from property consultancy CBRE showed. It
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment