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14 February 2012
Stockholm
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22 February 2012
London
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03-04 May 2012
Vienna, Austria
French housing attracts only 9% of institutional investments - Ad Valorem
Institutional investors in France allocated just e1.5bn to housing last year, some 9% of total investment volumes, with the lion's share earmarked for commercial property, according to Ad Valorem, am asset management arbitration company. In a study, it said institutions today own just 206 000 sq.m. of residential property, as against 1.4m sq.m. in 1985. They are withdrawing from the housing market since yields are less attractive than in commercial real estate, and rental legislation is too restrictive.