Europe’s real estate markets turned the corner in 2010, with invested stock increasing by 4% in marked contrast to the previous year’s decline of 8%, according to DTZ’s flagship ‘Money into Property 2011’ report. This is forecast to increase further in 2011.
The increase in invested stock varied considerably across Europe, ranging from 1% in the UK to 11% in France. There was one notable area of decline, Portugal, Italy, Ireland, Greece and Spain (PIIGS) posted a 3% fall..............................................Full Article: Source
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