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28 May 2012

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French office investment recovery set to continue - IEIF

The strong recovery in French office property investment that started in the fourth quarter of 2009 is likely to continue in 2010, Guy Marty, Managing Director of real estate research firm IEIF, told a seminar yesterday. Investors are attracted by initial yields of 5.5%-6.5%, which compares with a yield of only 0.99% on French inflation-indexed government bonds, and have become much less averse to corporate risk. (See upcoming PIE editions for full story)

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