No let-up in capital flows to European property in 2015

There will be no let-up in the capital, particularly equity from Asia and North American opportunity funds, flowing into European real estate in 2015, according to Emerging Trends in Real Estate Europe, a forecast published jointly by the Urban Land Institute (ULI) and PwC. The report - an annual one, based on surveys and interviews with more than 500 major real estate players - found 70% of investors expect more equity and debt will flow into their markets this year. "It is easier to get capital than to find good deals," said one of the survey's respondents. Almost two-thirds think core assets are overpriced, and that they will need to take on more risk to achieve required returns in 2015.