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28 May 2012

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Distressed real estate deals will dictate German investment volume - E & Y

The volume of German real estate investment transactions in 2009 will be determined by the amount of distressed or compulsory sales that take place on the market, according to a new study by Ernst & Young Real Estate. The consultancy group is expecting total volume in Germany this year of between e20bn and e24bn, slightly lower than e26bn in 2008 - of which e4.8bn comprised residential housing and the remainder commercial property.

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