19.05.2011 - Australia: Current property market recovery unique
The recovery underway in domestic commercial property markets is unique in that, unlike past rebounds, it is not reliant on the balance of supply and demand of physical space, according to Australian Unity Investments head of property Martin Hession. "The pace and the profile of the commercial property market recovery through 2011 is going to depend heavily on events in financial markets and a recovery in investor confidence," Hession said..............................................Full Article: Source
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