Hi

Interesting article in the FT suggesting that the Euro Zone has evaded the worse effects of the credit crunch

http: / /www .ft .com /cms /s /0 /9999249e -e5a0 -11dc -9334 -0000779fd2ac .html

This is obviously good news for Czech, Poland, Slovakia, Romania and Bulgaria as the key CEE markets - but (dare I say it) does this mean the time is right to look at Germany again?

Please - let's skip Berlin - but outside of Berlin - is anyone seeing/ forecasting steady property price growth in Germany?

Views?

Cheers
Neil

Neil

There seems to be a clear split here between Europe's big economies.

Not really sure where France sits, but on the one hand you have gloomy Spain, Italy and the UK and on the other you have Germany, where things are looking, dare we say, positive....probably due to all those years of holding down wages and regaining some competitiveness.

http: / /www .ft .com /cms /s /0 /66c7bd24 -e6b7 -11dc -b5c3 -0000779fd2ac .html


So, back to the question - where, outside Berlin?

In our last market forecast fro Germany we were quite bullish on Hamburg. And we're looking at this city right now to see if it has indeed started what may be something of a turnaround for the German market.

cheers