Published at: 2012-01-01 12:00 | Author:

Desperate. It's a word not all observers and players on Central Europe's property markets agree on, but it seems a good adjective to describe many of them. Yields continue to plummet for prime properties across the region and nothing, not even so-called common sense, seems capable of stopping them. The same funds that refused to buy at 8 percent last year are now fighting for a place in line to pick up assets at seven-something. Seven-anything, in fact. Why? Maybe because off-...

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