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Istanbul first choice for property investors as European recovery stalls

Posted on 30 January 2012

Analysis of top property markets by PricewaterhouseCoopers finds London struggling to retain status as gold standard of real estate. Istanbul, Munich and Warsaw are the new hotspots for property investors and developers, as much of Europe remains mired in a vicious cycle of low or no growth, mounting debt and drastic austerity measures.
London – usually seen as the gold standard of real estate – has lost some of its allure and is now just hanging on at the bottom of the top 10, according to a report by PricewaterhouseCoopers and the Urban Land Institute………………………………………..Full Article: Source


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