24.10.2008 - Europe: Commercial real estate transaction volumes down 60% compared to 2007
From Propertyweek.com: Direct commercial real estate transaction volumes across Europe are down 60% from last year, totalling just €25bn (£20bn) in Q3, says Lang LaSalle. The combined annual total for the year so far is 50% down from 2007, totalling €94bn (£74bn) altogether. Only three markets (Netherlands, Sweden and Russia) recorded an increase in volumes compared to Q3 2007..... Full Article: Source
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