Aberdeen predicts 30pc Euro property fall

Aberdeen forecasts that the region's real estate will generate total returns of just 1.9pc in 2008, as a result of an upward shift in yields and a decline in capital values. In the UK, Aberdeen sees the sharp pricing adjustment continuing, with all property returns of -0.6pc forecast, before a strong rebound occurs in 2009. The UK retail sector is tipped to deliver the weakest returns this year, as yields move further out, but the outlook for continental European retail is brighter. Rental growth prospects are positive for most markets, while Italy, Finland, Spain and Poland are expec...