17.10.2008 - Real estate deals down 57% globally in 2008
From Privateequityrealestate.net: The number of commercial property transactions has dropped off significantly in the past three months, according to a report by Real Capital Analytics – including in Asia. Macklowe, Fortress, Morgan Stanley, Aviva and GE are the world's biggest sellers of real estate. Commercial property deals are down globally by 57 percent over the past year, with transaction volumes off by as much as 77 percent in countries such as the US, according to a report from Real Capital Analytics...... Full Article: Source
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