随着42,000名房地产专业人士本周涌入慕尼黑，几个关键欧洲市场的政府债券收益率达到数十年来的最高水平。
As 42,000 real estate professionals descended on Munich this week, government bond yields across several key European markets were reaching their highest levels in decades.
由于房地产估值对借贷成本极其敏感，如此背景并不乐观。但这并未阻止经纪人在Expo Real房地产会议上推出一系列重大房产销售。
With property valuations acutely sensitive to the cost of borrowing, such a backdrop is inauspicious. But that didn’t deter brokers from launching a series of major property sales at the Expo Real property conference.