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London and Berlin are neck to neck in the race for investors

London has been ranked as the most attractive European city for real estate investment for the sixth consecutive year, according to CBRE’s annual Investor Intentions Survey being launched at MIPIM 2017. 17% of respondents cited London as their preferred destination for real estate investment. Berlin has jumped to second place in 2017 from fourth in 2016 while Budapest placed tenth along with Frankfurt and Munich.In terms of the immediate challenges impacting the acquisition of real estate assets, availability of product and pricing of assets were considered the greatest obstacles facing investors this year. This is reflected in the results for some of the gateway cities in Europe, with Hamburg, Milan and Munich dropping out of the top 10,...[…]