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28 May 2012

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Property impact from Euro government debt crisis seen low

Given the political and economic fallout of the Greek debt crisis and turmoil in government bond markets in Europe, measures taken to restore public finances have most potential to influence the real estate sector, says realtor CB Richard Ellis. However the impact is more remote than might be expected and is most likely to affect secondary property rather than prime. (See upcoming PIE Editions for full story)

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