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US commercial property market ‘is better value’ than UK

Posted on 23 August 2010

Michael RhydderchFrom Taylorvinters.com: There is “better value” to be had from investments in the US prime commercial property market than in its UK counterpart, according to one sector expert. Cushman & Wakefield said that values have fallen “much further and faster” in the US, as office rents have adjusted “quite dramatically”.

Michael Rhydderch, partner at the real estate advisor, said that the prospect for rents going forward is better than most people believe. His comments follow the release of a report by DTZ, which showed that the prime commercial property markets in the US and Asia offer better value than those in Europe and the UK…………………………………….Full Article: Source


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