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Two years of positive UK growth tails off to a whisper: IPD

Posted on 15 August 2011

The long drawn out decline in capital growth fell again in July, to its lowest rate since the recovery began, according to the IPD UK Monthly Index. Despite the UK market now seeing two full years of positive growth, declines in retail values leave offices as the only sector experiencing capital appreciation.

‘With a 0.1% improvement in capital values this month, the balance between the performance of prime assets and the more challenged secondary markets remains finely poised,’ said Phil Tily, UK and Ireland managing director……………………………………….Full Article: Source

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