Investment in Italian commercial property is set to fall further this year with full-year volumes expected to halve to EUR 2 bn, from around EUR 4 bn a year earlier, according to Douglas Babington-Smith, head of the Italian office capital markets team at Jones Lang LaSalle. In the second quarter of 2009, investment volume totalled EUR 400-500 mln, marking an increase from EUR 300 mln registered in the first quarter of the year.
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