| From Forbes: Central and Eastern European (CEE) commercial property investment plummeted 91 percent year-on-year to around 560 million euros ($779.5 million) in the first half of 2009 as buyers and sellers hit a stalemate over pricing.
The CB Richard Ellis (CBRE) data obtained exclusively by Reuters demonstrates how credit market turmoil in western Europe has impacted nascent real estate markets further east, sparking a heavy exodus of debt-dependent foreign investors.........Full Article: Source
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