| U.K. commercial property prices rose at the slowest pace in 16 months in May as public spending cuts deterred companies from renting additional space, Investment Property Databank Ltd. said.
The average value of stores, offices and warehouses increased 2.3 percent from a year earlier, the London-based research company said today on its website. That compares with a 2.7 percent gain in April and is the smallest increase since January 2010, when there was a 1.7 percent drop. The monthly increase was 0.1 percent, the same as the prior month, IPD said..............................................Full Article: Source
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