Finance

Global real estate slump is 'a rerun of 2007’, says Prew

2016-07-08T01:00:00

Mike Prew is managing director and head of real estate at Jefferies

The analyst who caused a storm when he called the top of the property market almost a year ago has accused the industry’s leading REITs of “sweeping the bad news under the Brexit carpet” and forgetting that there is an even worse global real estate slump.

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