* The survey was made up of respondents from twenty-two European countries and made up from the following professional industries. The source adds that respondents could choose more than one category, so percentages do not add up to 100. Real estate service firms (30 percent), Fund/investment managers (24 percent), Private property company or developers (23 percent), Institutional/equity investor (15 percent), Bank, lender or securitized lender (7 percent), publicly-listed property company or REIT (11 percent), homebuilder or residential developer (6 percent) or other (4 percent).

** Respondents scored sectors' prospects on a scale of 1=very poor to 5=excellent, and the scores for each sector are averages; the overall rank is based on the average of the sector's investment and development score.