Thursday, September 15, 2005

Global real estate investment touches $0.5 trillion in 2004 (Deccan Herald)


Global real estate investment touches $0.5 trillion in 2004 (Deccan Herald)
Global investment in real estate increased by 12 per cent to US$ 457 billion in 2004 (on 2003) according to a report published by Jones Lang LaSalle. Of this total, the Asia-Pacific accounted for 11 per cent at US$ 48.3 billion.

Groups Look to Establish International Real Estate Data Standards (GlobeSt.com)
WASHINGTON, DC-The US division of the Open Standards Consortium for Real Estate has teamed up with the Appraisal Institute to set comprehensive uniform international data standards for the real estate industry.

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