By David Parsley2019-07-30T07:56:00
Commercial property is overvalued in most European Union countries as yield-starved investors look to put their cash in bricks and mortar, the EU’s financial stability watchdog has said.
The European Systemic Risk Board (ESRB) issued the warning as its main stakeholder, the European Central Bank (ECB), lines up a fresh round of quantitative easing, the monetary stimulus that has helped drive up property prices in recent years.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.