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LGP forecasts better UK returns in 2013

Posted on 11 February 2013

Rob Martin, director of research at Legal & General Property, has forecast improved UK commercial property returns in 2013, with a continued polarisation between the best and worst performing assets. Martin believes economic growth is likely to remain sluggish but that there are signs that property returns are set to improve.
An easing in commercial real estate credit markets and the persuasive valuation case for UK commercial property should mean that prices for the market as a whole will be broadly stable in the next 12 months, in contrast to a fall of 3% over 2012, according to IPD’s quarterly index for all property………………………………………..Full Article: Source


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