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28 May 2012

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Sharp drop in foreign interest for French commercial RE, BI conference hears

The French commercial real estate investment market has seen a sharp drop in foreign investor interest and most operators remain wary about further falls in valuations after reductions of 10%-20% so far this year. "In 2008, fewer than 50% of investments in France came from cross-border investors, who made up 65% in 2007," Jones Lang LaSalle's Stephan Von Barczy told a conference recently.

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