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Global commercial property investment at $75 bln in Q1, down 23pct from last year

Posted on 12 April 2012

Arthur de HaastBased on preliminary direct commercial property transaction volume figures released this week by Jones Lang LaSalle Capital Markets Research, it was a subdued first quarter of 2012 with recorded volumes down compared to the same period in 2011.
All major commercial property markets globally recorded a quieter start to the year after a very active 2011, particularly in the final quarter. Also, substantial one-off transactions in established markets, such as the sale of the Trafford Centre Shopping Centre in the United Kingdom for US$2.6 billion that enhanced volumes in Q1 2011 were not repeated in Q1 2012, leading to a fall in total volumes recorded………………………………………..Full Article: Source


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