02.06.2009 - New Zealand: Loss for commercial property investors
From Radionz.co.nz: A new survey shows commercial property investors have made their first loss for 15 years. The survey was carried out by Melbourne research company IDP Property for the lobby group Property Council of New Zealand. The figures show returns for the year to March were -0.8%. The survey found collapsing property values were the main culprit.........Full Article: Source
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