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Real estate investors worldwide are painting a more optimistic picture of the market, with many convinced that the next up cycle will begin in the year ahead. That optimism is reflected by two out of three respondents to Colliers International’s 2010 Global Investor Sentiment Survey who expressed a desire to expand their portfolios in the next 12 months.

Findings from Colliers International’s inaugural Global Investor Sentiment Survey – compiled from 244 major institutional and private global investors with a total investment portfolio exceeding $300 billion – note that a majority of respondents believe the market is at or near bottom and the largest two groups, 41 percent, see the market between five and six o’clock on the “Global Property Clock.”