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Spain mall sales may hit $1.4 bln in 2011- Savills

Posted on 28 June 2011

Spanish retail property’s appeal to investors will linger into late 2011, with more shopping mall assets being sold into an increasingly competitive market, potentially doubling deal volumes to about 1 billion euros ($1.43 billion), research showed.
Property consultancy Savills said Dutch, British and German funds would continue to dominate transactions, having accounted for about 90 percent of the 696 million euros deal volume in 2010………………………………………..Full Article: Source


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