23.12.2011 - U.K. commercial property values may drop about 5pct next year on debt crisis
U.K. commercial property values probably will fall by 4.9 percent next year as the European debt crisis and concern that Britain may slip back into recession hurts demand for assets in all but the best locations. Six economists, analysts and executives surveyed by Bloomberg News all predicted a decline in 2012. Prices tracked by Investment Property Databank fell last month for the first time since July 2009. The biggest drop estimated was 7 percent and the smallest was 2.5 percent...............................................Full Article: Source
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