05.11.2010 - UK commercial rally running out of steam, says IPD
From IPE: Investment Property Databank (IPD) has warned that the rally in the UK commercial real estate market is all but over, with the third quarter seeing the shallowest period of capital growth in 2010. Phil Tily, UK managing director at IPD, said: "The property rebound appears to have now run its course with all key sets of growth measures now trending to zero." That said, rental value growth finally crossed into positive territory (0.1%), bringing to a close a nine-quarter stretch during which rental values fell by more than 10%..............................................Full Article: Source
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