Investor sentiment regarding the prospects for European listed real estate securities remains mixed, according to Bart Gysens, head of property research with Morgan Stanley.
Gysens, who spoke with REIT.com during the European Public Real Estate Association’s annual conference in London in early September, said the market turmoil in August shifted what had begun to be a broader positive view on the market.
“Buy-side consensus has deteriorated rapidly. Sell-side consensus is still relatively bullish, but I think people are adjusting their views,” Gysens said.
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