European investors stay close to home in 2010: CBRE

Most European real estate investors will target their domestic markets in 2010, although interest in Asia and the US will remain strong, according to the results of a new survey by CB Richard Ellis (CBRE) which was presented on Wednesday at Mipim in Cannes. In the survey of over 270 investors, 60% identified Europe as their primary geographic target, while the remainder identified other regions as offering the best buying opportunity. Asia is preferred by 21% of respondents, while 12% see North America as the most attractive place to purchase real estate in 2010.

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