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US: Commercial real estate players expect slow recovery in 2012

Posted on 27 October 2011

Investors are lowering their expectations for financial returns on office towers and other commercial properties but are still chasing after choice properties in the busiest cities, according to a report by accounting firm PwC and think tank Urban Land Institute.
Commercial real estate players say they expect a grindingly slow recovery of their business next year as economic conditions marginally improve………………………………………..Full Article: Source


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