Article: Emerging Trends in Real Estate Europe 2004: Investors Are Cautiously Optimistic Amid Concerns Over Economy.

PARIS, January 22 /PRNewswire/ -- - Moscow Is Top Market Choice; Followed by Prague, Brussels

Despite the weak economy that continues to affect most European markets, real estate investors remain cautiously optimistic about the industry's course over the next year, with many anticipating "modestly good" profitability, according to Emerging Trends in Real Estate(R) Europe 2004, just released by the Urban Land Institute (ULI) and PricewaterhouseCoopers LLP.

ULI, based in Washington, D.C., is a global education and research institute dedicated to responsible land use. Currently, the Institute has more than 1,000 members throughout Europe. ...

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