It was only last week that both the UK Nationwide Building Society and Halifax were pointing to possible green shoots in the UK residential property market. While this maybe true, it certainly isn't the same story for their commercial property market. According to a new report released by the IPD, a London based research company, from June 2008 to ... May of this year all types of UK commercial properties have seen an overall decline in capital values of 43.6%!
Not only that but the research also showed that the UK retail property sector was worst hit with a downfall of 45.3%.
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