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28 May 2012

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European RE interest moving toward value-add - CBRE

Momentum is building in European commercial real estate, says realtor CB Richard Ellis. Transactions rose 26% to E26.7bn in first quarter, led by UK, Germany and France, and investors are showing growing interest in value-add opportunities. 1Q11 activity was higher than the first three quarters of 2010 but down on the E38.6bn reported in 4Q10.

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