Real estate investment turnover in Central and Eastern Europe (CEE) reached EUR 1.2 bn in the first two months of 2011, according to new research released on Tuesday by CB Richard Ellis (CBRE). This figure includes the acquisition of Oesterreichische Volksbanken's Europolis real estate unit by CA Immobilien Anlagen, one of the largest property companies in Austria, announced during summer 2010 but officially completed in January 2011.
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