04.05.2012 - EU property sales hit 18-month low
European property sales fell to the lowest level in 18 months in the first quarter as reduced debt funding and concerns about slowing growth deterred investors, according to Real Capital Analytics. Sales of commercial real estate, hotels, development sites and apartment blocks fell 28pc from a year earlier to 1,506 properties, according to data released by the New York-based researcher. By value, sales dropped 19pc to €28.4bn, the least since the third quarter of 2010...............................................Full Article: Source
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