05.06.2009 - European commercial property investment down 74%
From Reuters: Investment in European commercial property fell sharply in the first quarter but there are signs of more investor interest, particularly in Britain, Cushman & Wakefield said. The volume of investment property sold January-March fell 74 percent to 11.4 billion euros ($16 billion) from the 2008 period, driving average prices 18.5 percent lower over the 12 months, the property services firm said on Thursday.........Full Article: Source