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U.S. commercial-property investors predict a profitable 2012

Posted on 01 June 2012

U.S. commercial-property investors are shedding their pessimism about 2012, with almost half expecting healthy profits this year, according to a survey by PricewaterhouseCoopers LLP. About 49 percent of respondents said they expected good, very good or excellent earnings for the year, up from 42 percent in November, the New York-based accounting firm said in a midyear update of its annual report on commercial real estate trends.
The percentage of investors expecting fair to abysmal returns dropped to 27 percent from 37 percent………………………………………..Full Article: Source


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