Europe's listed real estate sector is set for a new round of takeovers, signalling that the worst of the downturn may be over. 'This is the time for a new round of M&A to reach the industry. It will likely be a long-term process, similar to the last wave of consolidation which hit the sector in 1995 and went on through 2007,' Philippe Le Trung, head of Investors Relations and Capital Markets at Foncière des Régions (FdR), told PropertyEU Magazine.
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