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Europe: Distressed property listings tipped to rise in Q4-RICS

Posted on 23 November 2010

From Reuters: The number of distressed property assets being sold will surge in the fourth quarter as banks take a tougher line on failing loans, particularly in debt-troubled Ireland, Spain and Portugal, a survey showed on Monday.
The Royal Institute of Chartered Surveyors survey found the top five countries in which fourth-quarter distressed properties sales would likely increase also included the United States and the UK, which were, respectively, ranked second and fourth……………………………………….Full Article: Source

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