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U.S. commercial property ’substantially’ off bottom

Posted on 05 November 2010

From Bloomberg: U.S. commercial property prices are rising in desirable investment markets like New York and Washington while office vacancies are beginning to fall more broadly, according to top real estate executives.
Values are “substantially” off the bottom after more than a year of decline, said Steven Roth, chairman of Vornado Realty Trust……………………………………….Full Article: Source

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