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28 May 2012

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European RE investment seen rising

Commercial real estate investment in Europe, reflecting seasonal trends, fell in the first quarter by 29% over 4Q09 to E16.3bn, but stood fully 65% above the volume in 1Q09, said global real estate advisor DTZ. Average volumes over recent quarters rose 10%. The fall was not surprising given the flurry of activity in the fourth quarter as, said Magali Marton, DTZ Head of Continental Europe and Middle East Research.

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