20.05.2010 - Global real estate markets; Recovery after the storm
From Cityscapeintelligence.com: DTZ’s flagship Money into Property report predicts that the worst of the property slump is over and forecaststhat global invested stock will grow by 5 per cent in 2010. European invested stock is expected to rise by 4 per cent this year as capital values continue their recovery. This more positive outlook contrasts with a second consecutive year of decline in invested stock in Europe, by 8 per cent in 2009, and a first decline for Continental Europe. DTZ forecasts that China will become the second largest real estate market globally by the end of 2011 – ranking only behind the US and overtaking Japan and the UK. The UK and France are the only European countries that are expected to feature in the top 5 global ranking by invested stock in 2011...........................................Full Article: Source