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Emerging markets leading property recovery

Posted on 08 November 2010

From Internationalpropertyjournal.com: Demand for commercial property in Europe is growing, but it’s emerging markets leading the recovery, according to the latest survey by the Royal Institution of Chartered Surveyors. Data points to a “two speed” recovery, the RICS says. Emerging Asia and Latin America led the way in the third quarter, in particular China, Hong Kong, Brazil and Singapore.
“Many of the emerging markets that were relatively unscathed by the financial crisis are experiencing faster growth than developed economies such as the UK, Eurozone and the U.S.” RICS says……………………………………….Full Article: Source


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