Real Estate Market Outlook Continental Europe 2015 | M&G Real Estate
Europe is enjoying a steady economic recovery, supported by a combination of cheap oil, a weak euro and the European Central Bank’s substantial quantitative easing (QE) stimulus package.
The eurozone has now posted nine consecutive quarters of economic expansion and is on track for more. Led by Southern Europe, gross domestic product (GDP) growth for the region is expected to reach 1.4%1 in 2015, the highest rate in four years. Our correlation analysis suggests that the recovery will gather pace over the coming years, as the eurozone follows the US and the UK along the economic cycle.
