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UK commercial values fall 0.5 pct in May-IPD

Posted on 19 June 2012

U.K. commercial real estate values fell for the seventh straight month in May as Britain’s economy weakened, Investment Property Databank Ltd. said.
The average value of stores, offices and warehouses declined 0.5 percent from April, led by retail properties, IPD said in a statement today. Total return, which combines the change in real-estate values and rental income, was zero for May, compared with 0.2 percent in April………………………………………..Full Article: Source


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