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JP Morgan Cazenove: Sentiment Survey - October 2011

2011-11-14T11:26:00

JP Morgan Cazenove: Sentiment Survey - October 2011

Our survey of 159 property players shows that investors have lowered their total return expectations for the coming 12m, expecting returns of 3-4% for listed real estate stocks (vs. 7-8% in March), which is more bearish than our forecasts.

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