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Real Estate Briefing - Categorized | Investment, Market Moves more

Global real estate back in favor

Posted on 10 April 2013

Investors’ on-and-off relationship with global real estate appears to be on again. With long-distressed real estate assets now on sale in Europe and big opportunities also being seen in Asia, the sector has caught the attention of individual investors and financial advisers, said Adam Taback, president of alternative strategies at Wells Fargo Private Bank.
It’s not for the faint of heart, however. Global real-estate stock funds suffered a gut-wrenching 46.6% loss on average in the crisis of 2008, then recovered to gain nearly 37% and 17.2% in 2009 and 2010, respectively, according to Morningstar Inc………………………………………..Full Article: Source


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