24.05.2011 - European commercial property deals to outpace U.S. as banks divest assets
Investors will buy and sell more commercial real estate in Europe than anywhere else in the world this year as banks dispose of riskier properties and purchasers find it easier to borrow money, DTZ Group Plc said. European transactions will probably rise 20 percent to $164 billion, the London-based property broker said in a report today, citing surveys of banks and investors that own more than $1 trillion of assets or loans..............................................Full Article: Source
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