Market Mechanics

Managing risk with European diversification 2012

Publié le

Une étude produite par

Cross-border investing increases opportunities to diversify and, despite expectations of economic convergence, these are not being substantially eroded.

European country-specific risk is now showing a greater dispersion than previously, which cautions against the southern European markets because of inadequate de-pricing to date.

The mature core markets of France, Germany and the UK have the best liquidity and are amongst the best in terms of transparency.

Different economic and property-related factors explain the diversity of performance in both the office and retail sectors of the European markets, and uncertainty is currently high.

Foreign exchange can be a significant upside and downside risk over the short-term.

Source : AXA Real Estate

Vous souhaitez lire cette étude ?

Elle est réservée à nos abonnés.

Mots-clés : AXA Real Estate