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Falling property markets hit by forex volatility

Posted on 05 June 2009

From Reuters: There was a 42 percentage point spread between the best and worst price movements in global commercial property in 2008, as currency volatility added to investors’ challenges, a new global index showed on Thursday.”

The Investment Property Databank Global Index, which compares pricing and total returns in 23 of the world’s most mature commercial real estate markets, placed Ireland and South Africa at the lower and upper extremes of the global property pricing changes last year………Full Article: Source


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