European Debt Crisis Impacting Global Home Price Index, Weakest Performance Since 2009 Says Knight Frank

According to Knight Frank’s latest Global House Price Index, worldwide home prices recorded their weakest annual performance since the depths of the recession in 2009, recording only 0.9% growth in the year to March 2012. Doubts over the Eurozone’s future, coupled with the
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BGC Closes Grubb & Ellis Purchase, Launches Newmark Grubb Knight Frank

BGC Partners, Inc. late Friday announced it has closed on the acquisition of Grubb & Ellis Co., which grew from a single office opened in Oakland, CA in 1958 to become one of the world’s largest and best known CRE brokerages. Known for more than half a century as the namesa
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