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13 February 2012

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France establishes ILAT commercial RE rent index to abolish distortions

The four main French real estate associations have signed a protocol for the creation of a new commercial rental index, ILAT, to replace the former indicator based on building costs and raw material prices which have soared erratically in recent years, and distorted rent levels. FSIF Managing Director Dorian Kelberg told PFE: "The new index was created in order to meet three main objectives - stability, visibility and sustainability."

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