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Germany’s commercial property market proves buoyant

Germany’s commercial property market is the most buoyant for seven years, according to a report by Jones Lang LaSalle.

It expects commercial property with a value of 37.5 billion euros to change hands in Germany this year, a rise of 22% on the year and the highest since 2007. For 2015 it expects a further rise to 40 billion euros.

In contrast, residential deals are likely to fall to 11 billion euros this year, from a peak of 15.8 billion in 2013.

Click here for the full Bloomberg article

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