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Australia: Commercial property market down

Posted on 27 April 2012

Australia’s commercial property sector continued to weaken in the first three months of the year, with the slump expected to continue and retail properties faring the worst, a survey shows.

National Australia Bank’s (NAB) quarterly Australian commercial property index fell to -8 points in the March quarter, compared to -6 points in the December quarter, with forward expectations also dropping slightly………………………………………..Full Article: Source


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