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28 May 2012

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Lack of oversupply should hold Italian RE values relatively stable - Qiref

Italian real estate prices should hold relatively stable in the current crisis since bureaucratic difficulties hinder supply in good times but dictate that demand continues even in weak economic environments, says Giacomo Morri, professor of real estate at Milan's Bocconi University and founding partner of Qiref Asset Management in Milan, told PFE.

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