Cushman & Wakefield is forecasting a slow recovery in European property markets this year on the back of positive GDP growth in most economies. 'Momentum may slow in the second half of the year as the cyclical impact of restocking fades, but, for now at least, a double-dip recession looks a less likely scenario than just a slowing in growth,' according to research director David Hutchings in the adviser's latest economic outlook for the EMEA region.
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