Uptick in investment seen

As we sink further into the doldrums of the traditionally slow summer months, there are reassuring signs about that the global investment market has a bit of fight in it. NuWire Investor reports that while the activity of the past few weeks may not be sustained between now and September, there are spots of encouragement out there.

European commercial property investment activity has increased in the last few weeks in a sign that investor sentiment is improving, according to analysts.

Turnover increased to €13 billion in the second quarter of 2009, a 12% increase on the €11.6 billion recorded in the first three months of the year, according to the latest European Property Investment report from consultants CB Richard Ellis.

The most notable turnaround has been in the UK, which isn’t surprising given the substantial fall in pricing there combined with a weak pound.  Still, anyone else notice that usage of the words “green shoots” has been rather sparse lately?
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