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US real estate emerges from two and a half year slump, IPD says

Posted on 26 August 2010

Simon FairchildFrom Propertyfundsworld.com: The range of returns to investors in US core open-ended funds remain above long-term norms, despite the recovery in market values over the second quarter, IPD research has shown.
Underlying US commercial real estate markets have emerged from two and a half years of write-downs with a quarterly positive capital return of 2.2 per cent - contributing to a 4.0 per cent total return, as measured by the IPD US Quarterly Property Index……………………………………….Full Article: Source


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