Over 75% of the 27 countries surveyed by RICS saw a rise in fire sales in the commercial property market in Q2, according to a research report published this week by the UK-based organisation. The report also foresees transaction activity in distressed properties set to rise in 2010 'as interest from specialist funds gains traction'.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
