Germany positioned for strong 2007 property returns

The German economic cycle is positioned to provide strong commercial property returns in 2007, accor...

The German economic cycle is positioned to provide strong commercial property returns in 2007, according to Brett Robinson, chief executive of Seven Dials European Property fund. “The German economy has turned the corner and the crucial development that we will be looking for is further improvement in the employment situation, particularly in the service sector. This will spur demand on the occupier side in the office markets, which has been very flat in recent years,” he adds. Robinson believes that it will be the more domestically orientated service sector demand, not just the demand ...