Global Real Estate Monitor
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Sponsored by GE Real Estate - Produced by National Real Estate Investor Magazine June/July 2010  VOL. 3   

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Jewel of the Nile:

Cairo offers plentiful property investment opportunities

PART II
This is part two of a two-part story about investing in Egypt. Previously, GREM offered an in-depth analysis of the country’s economic growth and the government’s efforts to attract foreign investment.


Cairo is an especially dense city of only 175 square miles. Severe congestion and pollution constrains downtown Cairo, and future growth will likely occur in satellite cities – similar to suburban areas in the United States.
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Briefs

Investment Notes

The world’s top global cities remain amongst the most expensive places to park a car, according to the 2010 Global Parking Rate Survey by Colliers International. Leading the list of the most expensive cities to park a car for a month is London.

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Foreign Exchange

Global direct commercial real estate investment volumes reached US$66 billion in the second quarter 2010, according to new research from Jones Lang LaSalle’s global capital markets experts.

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