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Real Estate Briefing - Categorized | Emerging Trends, Investment more

Property investors eye UK good secondary for deals

Posted on 24 June 2011

Investor rivalry for blue chip London commercial property has forced prices up and yields down, compelling many to mull a so-called emerging “upper secondary” class to pick up choicely priced assets and appealing returns.
“What we are finding is weight of money buying certain stock at a certain price. There are offices now — these aren’t 25-year leases but core-plus central London — being viewed as prime,” Pramerica Managing Director Andrew Radkiewicz said………………………………………..Full Article: Source


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