15.03.2012 - U.K. commercial property values fall for fourth straight month
U.K. commercial real estate values fell for the fourth straight month in February on concern that Britainís economy was slipping into recession for the second time in three years, Investment Property Databank Ltd. said. The average value of stores, offices and warehouses declined 0.3 percent last month from January, IPD said in a statement today. Retail properties led the drop, declining 0.4 percent. Total return, which combines the change in property values and rental income, rose 0.3 percent from a month ago...............................................Full Article: Source
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