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Spanish commercial-property investment to decline to 10-year low

Posted on 28 October 2011

Spanish commercial real estate is attracting the lowest level of investment in a decade and a turnaround could take more than a year as Europe’s sovereign debt crisis and a financing shortage choke the market.
A total of 1.25 billion euros ($1.8 billion) of offices, shopping malls, hotels and warehouses changed hands in the first nine months, 52 percent less than a year earlier, according to data compiled by Savills Plc………………………………………..Full Article: Source


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