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Welcome
MIPIM 2011 was mixed. Yes, there were the parties, but where were the big property deals or mergers? Truth is that many investors are spooked by the prospect of rising oil prices and interest rates. This will destroy consumer confidence and weaken occupier markets.
Bert Erik ten Cate
- Editor
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Hammerson
The UK REIT has focused on cost-cutting across its assets, which comprise mainly shopping centres in France and the UK.
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