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EPRA: Spanish tax reform undermines property market
Date: 8 May 2012
Category: Market Watch
The Spanish government's introduction of new legislation to restrict interest deductions for taxation purposes could further reduce the flow of international capital into domestic commercial property, exactly at a time when the depressed local market is an important factor weighing on Spain's recession-hit economy, the European Public Real Estate Association (EPRA) said on Tuesday.
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PropertyDay 9 May 2012
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