14.09.2011 - Commercial real estate sales in Asia-Pacific down 39 pct
Commercial real estate sales in the Asia Pacific region totalled 9 billion dollars in the second quarter of 2011, a 39-per-cent drop compared with the previous three months, a company said. 'The current lull witnessed in Asia is primarily the result of short-term weaker market sentiment and increased caution among investors,' said Nick Axford, head of Asia-Pacific research for international real estate company CB Richard Ellis Group Inc (CBRE)..............................................Full Article: Source
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