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LONDON-Ireland has overtaken the US as the single largestcross-border investor into UK commercial property. It now accountsfor almost 22% of a euro 18.17-billion ($23.28-billion) totaloverseas purchases in 2005, according to new research by DTZ TieLeung.
The report adds most of the overseas purchases was dominated byfive sources: Irish, US, Middle East, German and Dutch capital.Irish investors represented the largest portion with more than euro4 billion ($5 billion) of purchases in 2005.
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