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Asia Pacific to lead global property market recovery - DTZ

Posted on 24 May 2011

The global property industry is set to experience a two-speed recovery, experts say, with the Asia-Pacific region acting as an engine of growth while markets in Europe and the U.S. lag behind.
Commercial property advisor DTZ Holdings PLC said it expects Asia Pacific to surpass the U.S. this year to become the world’s second-largest commercial property market. Its annual ‘Money Into Property’ report forecast the Asia-Pacific region’s invested stock will rise to $4.4 trillion by 2012, matching the level of Europe–the current global leader……………………………………….Full Article: Source


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