Published Date:
10 June 2009
ARE there any green shoots in the commercial property market? Back in 2007, in this column, I wrote that the collapse in UK commercial property values was a clear signal that the bubble had burst and that a recession was on its way. That was a year before the failure of Lehman Brothers.
Picking through the entrails of the commercial property market today produces a mixed outlook for investors, with values and rents still falling internationally. But there are glimmers of hope in the UK, if only because the market collapsed early.
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Last Updated:
09 June 2009 8:45 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
George Kerevan