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Article: Ernst & Young Identifies Top 10 Global Real Estate Trends.
- Article from:
- Business Wire
- Article date:
- March 9, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
CANNES, France--(BUSINESS WIRE)--March 9, 2004
Globalization of the commercial real estate market continues at a frenetic pace. In the next 12 months, a broad swath of investors, users, and owners of commercial real estate will expand or embark upon acquisition, development or investment in real estate assets outside their home countries. Opportunity funds, pension funds, US-style real estate investment trusts (REITS) and their foreign equivalents, private real estate companies and even individual investors are catching the offshore-bug. Why? What are the key factors driving the increasing globalization of the real estate industry?
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