08.06.2011 - Property's continental divide narrows, Knight Frank
While price growth for property in Asia continues to dominate the headlines, Knight Frank's recent Prime Global Cites Index has indicated that investors can enjoy capital growth a little closer to home. The consultancy found that luxury real estate in Paris has seen prices rise by 22 per cent over the past year, rivalling the performance of many Asian cities. Knight Frank explained that this was driven primarily by supply constraints and growing interest from overseas buyers...............................................Full Article: Source
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