PropertyEU

European RE returns at six-year high - IPD

By A staff reporter 2007-05-22T00:00:00

Western European commercial real estate returns in 2006 were the highest in at least six years, as prices of shopping centers and offices rose, according to London-based Investment Property Databank (IPD). Investments in malls, offices and warehouses returned 13.3% in local currency terms, compared with 11.8% in 2005, IPD said ...

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