TAILIEUCHUNG - Trend indicator: real estate investment market Germany 2012

The real estate impact of arts and cultural activities is seen not only in the redevelopment of discrete buildings, but in the incremental renewal of large districts involving complex social and design solutions. The physical expression of place-making by the creative sector often plays out over decades. Older urban neighborhoods are filled with architecturally- distinct buildings that exist in the interplay of recently re-built and longer term deteriorated sites. The cultural and design communities provide entrepreneurial energy to the task of preserving something old through the development of something new; this is the core creative skill involved in renewing and uncovering. | Illi Trend indicator real estate investment market Germany 2012 u Ernst YOUNG Quality In Everything We Do Agenda Trend indicator real estate investment market Germany 2012 Transaction market Transaction highlights Survey structure and methodology Market outlook and strategy Germany 2012 European outlook 2012 January 2012 Page 2 Trend indicator real estate investment market Germany 2012 u Ernst Young Quality In Everything We Do y Ernst YOUNG Quality In Everything We .

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