Karen Triggiani sends along this story:
The UK commercial property has recorded 12 consecutive months of growth although gains are now slowing, according to the latest index to be published. Values rose 0.2% in July, following gains of 0.5% in June, the figures from Investment Property Databank show. It means commercial property capital values have gained 15.4% since August 2009.
‘The last time UK commercial property managed 12 consecutive months of capital growth was in the month the market peaked, in June 2007, when annual growth rate was 7.1%,’ said Mark Clacy-Jones, research manager at IPD.
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