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28 May 2012

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Foreigners double German resy investment - BNPP RE

Foreign investors doubled their share of investment in German residential property last year and competition for the assets is likely to increase further, says BNP Paribas Real Estate. Investment totalled E3.76bn, 3% up on 2009 but deal numbers rose 26% to 149. Many investors focused on cash-flow security, paying E2000-E3000 per sq.m. in major cities.

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