Aberdeen Property Investors: Benelux Quarterly Property Snapshot - August 2009
'The Benelux countries saw high levels of contraction during the first part of 2009, partly due to the open, export led nature of their economies. Contraction (year-on-year) amounted to 5.5% in Luxembourg (Q1), 5.1% in the Netherlands (Q2) and 3.4% in Belgium (Q1). However, the worst of the recession seems to be over.'
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