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28 May 2012

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Russia, Poland activity doubles in CEE to E5bn - CBRE

Property investment in CEE rebounded by 90% in 2010 to E5bn, driven by Russia and Poland with 74% of total, as recovery from the 1Q09 cyclical low continued, realtor CB Richard Ellis reports. Russia passed Poland, boosted by Lenmar Capital's purchase of a portfolio including five Moscow offices for E690m in 4Q10. Liquidity remained low in most other markets.

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