International Real Estate News

Wednesday, 19 August 2009

Distressed Property Sales Rise Globally

Distressed property sales have increased in more than 75 percent of countries around the globe. The Royal Institution of Chartered Surveyors (RICS) recently carried out a survey on distressed properties in the commercial property marketplace. Of the 27 countries surveyed, more than 75 percent of respondents reported a rise in the number of properties which are coming to market under distressed conditions in the second quarter of 2009 compared to ... http://bit.ly/JZ8oX

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