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assist­ance in English

Maria Dube


+44 (0) 7988830479


skype: Skype­­ skalar_english

assistance in Polish

ul. Obwodowa 31A/F8
84-240 Reda
tel.: +48 058 740 54 10
fax: +48 058 740 54 11
tax number: PL 841-121-57-69
REGON: 771277167

skype: ­Skype­­ skalar_reda

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+48 (0) 790 519 030

Commercial property down 22 percent

Commercial property values fell by a smaller-than-expected 1.6 percent in August but remain on a downward spiral and have now fallen by an average 22 percent since peaking in June 2007, data showed on Friday.

The benchmark data from Investment Property Databank was based on a sample of 3,695 properties owned by property fund managers and property firms with a combined value of 40.81 billion pounds.

A spokesman for property services firm CB Richard Ellis (CBG.N: Quote, Profile, Research), one of IPD's biggest contributors, said on Tuesday that British capital values fell by 2.1 percent in July.


Print   2008-09-17