LISBON, PORTUGAL-Portugal real estate investment rose by 25% in 2010 to $1 billion, 70% of which came from domestic investment funds as the country's economic and financial credibility continued to spook foreign investors, says real estate consultancy Cushman & Wakefield. But price adjustments should spark more demand this year.

"Even though the country still faces a difficult scenario, this could be the first sign of recovery in institutional investment activity, with increased growth expected this year," says Lu

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