Degi: global property investment reaches EUR 478 bn

Global property investments are expected to reach a record EUR 478 bn ($600 bn) for 2006, according to a new report by Frankfurt-based Degi Research. Property prices are still rising sharply despite stable or only modestly increasing rents, leading to further yield compression. But Degi sees the trend towards falling yields reversing from late 2007 as the growing internationalisation of property investments continues unabated.

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