11/24/2009

For the second consecutive quarter, the U.S. had the world's second-largest increase in distressed commercial real estate sales, the U.K.'s Royal Institution of Chartered Surveyors said. South Africa posted the biggest surge in distressed-property sales for the quarter, followed by the U.S., Portugal and France, according to a survey by the group. Of the 25 countries responding to the poll, more than 80% experienced increases in sales of distressed commercial property.

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