Prices have jumped more than 20%, pushing the average home in Canada to nearly €599,784 - more than nine times the average household income.

While analysts at UBS see more pain ahead, it’s not as many closures as the investment bank had initially projected about a year ago.

The hurdles weighting on young couples and result in excluding them from real estate market transactions.

The parties agreed not to disclose the purchase price.

Prices are keeping their upward trend not only in newly builts but also in older homes.

These acquisitions demonstrate a wider theme at play across the strategy’s office portfolio.

The four newly-built Grade A freehold assets, totaling 370,000 square feet, are located in Harlow, Greater London, and let to low-risk covenants.

The office will initially host up to 200 of Patrizia’s London-based employees, including its new Patrizia Infrastructure business.

The average minimum asking rent in Athens is 8.15 euros / sq.m. and the average maximum at 11.4 euros / sq.m.