Eurozone Real Estate Downgraded by SocGen
SocGen analyst Paul Jackson downgraded the Eurozone real estate sector from Neutral to Underweight after SG’s real estate specialists whittled down their view on real estate stocks.
The dilemma of real estate stocks
What is more important—attractive valuation, or the risk of underperformance?
According to Jackson, the European real estate sector is presently available at a reasonable valuation compared to the European average. Yet it is difficult to ignore the sector’s inverse relationship with bond yields . . .
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