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Europe’s largest property firms will focus on the difficulties of raising cash for acquisitions in a market ravaged by falling values and tight credit when they meet this week for one of the industry’s biggest gatherings.

Delegates at the European Public Real Estate Association (EPRA) conference in Brussels will also sound out their peers on when the global commercial property market will recover and how long the continued credit famine could delay that process.

Since mid-2007, most European property markets, led by Britain, Spain, and Ireland, have seen commercial property booms wilt in the wake of the U.S. subprime mortgage crisis, and the biggest banking market turmoil since the 1930s.

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