| 03.11.2011 - Global real estate market has 'hit bottom', says Ernst & Young |
| The global real estate market has hit bottom, according to Ernst & Young, with the adviser saying investors should "brave themselves" for a growing number of deals over the next few years. In its report on trends in real estate private equity, the company's global real estate fund leader Mark Grinis said commitments had shrunk to a third of the level seen in 2008, but he argued that the market had potentially "over-contracted"...............................................Full Article: Source |