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US investors rushing into European property

The US$ rise, struggling economies make continental property cheap
Saturday, March 28, 2015 - 05:50
ACROSS THE POND: Institutional investors are expected to increase their real estate spending by US$52.5 billion this year, with Europe a key target.


US investors are buying European commercial property at a record pace as the dollar's eight-month rally and struggling economies on the continent make offices, shops and warehouses cheap.

US spending on European commercial real estate last year was just short of the 2007