30.10.2008 - Commercial property values fall 7.2% in 8 weeks in UK
From Europe-re.com: UK commercial property values have fallen by 7.2% in the last eight weeks according to global real estate adviser Cushman & Wakefield. Figures in its latest Business Briefing: UK Property Investment Market also show that average prime UK yields have increased to 6.49% as at mid-October, the highest since 1993. The report concludes that whilst the UK remains at the frontline of the global financial crisis it is continuing to see a rapid adjustment in pricing. .... Full Article: Source