26.02.2010 - UK economy fears prompt property companies to invest abroad
From Telegraph: A second FTSE 100 property company has said it plans to focus investment this year in Continental Europe rather than the UK because of doubts about the economy. Segro, the industrial property group formerly known as Slough Estates, indicated on Thursday that it believes the Continental Europe property market could potentially offer more attractive pricing for acquisitions and stronger demand from businesses to occupy space..........................................Full Article: Source
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