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Eastern European property investment climbs

Posted on 22 November 2011

Investments in Eastern European real estate will almost double to about 10 billion euros ($14 billion) this year, the most since 2007, as economies in the region strengthened, KPMG said.
Property transactions reached 5.2 billion euros in the first half, 300 million euros less than in the whole of 2010, the accounting firm said in a report last week. Russia and Poland each had a 35 percent share of the total, followed by the Czech Republic with 14 percent and Hungary with 6 percent, KPMG said………………………………………..Full Article: Source


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