Property quarterly March 8 2002 Tough times for European market After several years of buoyant growth, Europe's real estate markets are showing signs of succumbing to the malaise which has been spreading eastwards from the US for the past year. Despite confident predications in early 2001 that Europe would be able to shake off the worst of the US economic downturn, nearly every single market is showing the effects, one year on. Overview - Market is unlikely to see a rebound this year - Offices take-up in Europe data Europe - Euro: Real estate market remains 'static' - It's vive la différence - Focus on development in Marseilles - Tills ring out at the cut-price malls - Price-conscious discover delights of discounts Country focus - A somewhat slow route to recovery in Switzerland - Building boom continues in Denmark - Copenhagen office market data - Demand for office space slows down in Norway - Changing French ideas of what is profitable - Italians beginning to emerge from the confusion - Running into the buffers in Germany London - Offices: Lettings feel the economic draught - East: Potential still to be realised UK - Thames Valley: Signs of some recovery - Manchester: Conversion mentality takes off - Top shopping marks for a trendy Glasgow Related surveys - Corporate real estate 2001 - Investing in property 2001 - Property fund management 2001 - Property quarterly - November 2001