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UK: Property market forecast to tumble in 2011

Posted on 04 August 2010

From Propertyweek.com: The UK commercial property market is set for a gloomy period next year, according to the latest pricing in the property derivatives market. Returns are expected to be negative in 2011.
At the quarterly derivatives briefing hosted by Investment Property Databank, the Investment Property Forum and the Property Derivatives Interest Group this morning IPD’s Kate Pedersen said all-property returns for 2011 according to the derivatives market were -0.32% - a drop of 7% over the second quarter……………………………………….Full Article: Source

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