17.07.2009 - Price cuts aid Spain commercial property in Q2
From Reuters: Big discounts in Spain's office and retail property markets served to attract private investors rather than institutions, which are wary of falling rents, as the rental market remained weak, consultants have said. The price of prime Madrid office space has fallen 41 percent since its mid-2007 peak to some 6,000 euros a square metre, Aguirre Newman's head of research, Javier Garcia-Mateo, said..........Full Article: Source