Commercial real estate sales in Europe, Middle East and North Africa set to rise by 30% this year

Direct commercial real estate transaction volumes are predicted to increase by 30% in 2010 in Europe, the Middle East and North Africa, according to a new report.

The positive outlook comes on the back of a better than expected first three months of the year which is traditionally a quieter time for the market. But volumes reached €20 billion, a 75% increase on the first quarter of 2009, the report from international real estate consultants Jones Lang LaSalle shows.

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