Europe’s Real Estate Crash Is Over And Some Are Diving Back In

Three years after real estate’s last bull run ground to a halt, the global property market is showing tentative signs of a recovery as easing interest rates bring some of the conditions that powered the previous boom.

But to investors, this won’t be another easy-money cycle, with borrowing costs remaining pricier than in the post-financial crisis era. While optimists may want to call the bottom, about 40,000 delegates attending an industry conference in Munich this week are likely to search for answers to a key question: Is now the right time to get back in the game?

“We cannot expect ...