| From Bridgingandcommercial.co.uk: A further decline in values is likely for UK commercial property, an expert has warned. Gertraud Discherl of KPMG Advisory said that recent speculation that real estate prices had bottomed out, after suffering double-digit percentage point devaluations over the past year, might be misguided.
She added that property was currently "on the cusp of a wave" of "significant ... write-downs", which would bring about a further downwards leg for prices.........Full Article: Source
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