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Poor UK economic sentiment takes its toll on commercial property

Posted on 07 November 2011

Slow economic performance in the UK has been passed on to values in the commercial property sector through declining occupier demand, according to the Q3 IPD UK Quarterly Property Index. At the all property level capital growth slowed to just 0.3% and total return to 1.8%.
The stagnating economy, increasing inflation, austerity measures and general uncertainty about the UK’s ability to avoid recession have all led to rental growth tailing off in the third quarter to just 0.1%, while straying further into negative territory for both the retail and industrial sectors, -0.2% for both. ……………………………………….Full Article: Source


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