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European commercial real estate values could drop as much as 15% in 2020 on COVID-19

L shaped recovery would see 7% recovery in 2021 resulting in cumulative value decline of 9% for 2020-21
CoStar News
May 29, 2020 | 12:05 P.M.

The COVID-19 pandemic and the resulting turmoil for businesses and economies could result in a cumulative decline in European property values of 9% in 2020 and 2021 as loss of rental income feeds into prices, according to analysts at AEW.

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