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13 February 2012

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French commercial real estate investment surges in second quarter

French commercial investment rose by 90% in the second quarter against the first, says international real estate advisor Savills. Its latest bulletin recorded e1.43bn deals, bringing total volume in first half to e2.2bn, although this is 71% lower than the e8bn of 1H08. "The French market is showing positive signs of growth and we have seen some easing of upward pressure on yields," said Savills' Herve Blanchet.

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