Citigroup Warns European Commercial Real Estate Values Will Plummet 40%, But Sees Medium-Term Opportunity
- Mei 17, 2023, at 5:39 pm
- 华尔街见闻
This week's plunge in shares of Swedish real estate giant Samhallsbyggnadsbolaget i Norden AB (SBB) may be just the beginning of Europe's commercial real estate crisis, as central banks’ interest rate hikes push up financing costs and investor concerns about developers' prospects intensify.