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28 May 2012

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Distressed RE `thunderous cloud' still there - RICS

Real estate professionals across 19 of 25 countries in a survey by the Royal Institution of Chartered Surveyors expect the number of distressed properties coming onto the market in second quarter 2010 to increase. Respondents in Ireland and the US expect the fastest growth, followed by Scandinavia, New Zealand and Hungary.

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