25.08.2011 - RICS: European investors remain hungry for distressed property as global supply grows
While investor demand increases dramatically, the level of distressed properties coming to market is set to continue to rise globally, says RICS. The latest RICS Global Distressed Property Monitor reveals that over half of the countries surveyed anticipate a rise in forced selling of commercial buildings for the coming quarter. Not surprisingly, the Republic of Ireland, Spain and Italy expect the highest number of foreclosures, while Brazil, Malaysia and Russia expect the lowest..............................................Full Article: Source
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