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Property values to rise in Eastern Europe

Posted on 27 May 2011

Investors looking for higher yield in commercial property would do well to migrate from London to Eastern Europe, Holger Schmidtmayr, Board Director at Austrian real estate investment company Sparkassen Immobilien,said.
Despite suffering from anti-investment rhetoric from host governments and perceptions of widespread corruption, cities like Hungary’s capital Budapest or neighboring Romania’s Bucharest offer good growth opportunities for the next few years, Schmidtmayr said in an interview……………………………………….Full Article: Source


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