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Real Estate Briefing - Categorized | Commercial property Watch, Europe, Investment more

European commercial property investment down 74%

Posted on 05 June 2009

From Reuters: Investment in European commercial property fell sharply in the first quarter but there are signs of more investor interest, particularly in Britain, Cushman & Wakefield said.

The volume of investment property sold January-March fell 74 percent to 11.4 billion euros ($16 billion) from the 2008 period, driving average prices 18.5 percent lower over the 12 months, the property services firm said on Thursday………Full Article: Source


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