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R>UK commercial property sector secondary values will continue to fall in 2013, reflecting dwindling investor demand, according to a new report.
The quarter three Commercial Property Market Outlook report from property consultants and chartered surveyors Cluttons, says that persisting economic uncertainty and knocked business confidence continues to transfer poor performance to the property market, impacting on returns.
Capital values have fallen accordingly, however it is becoming evident that a further reduction is needed to attract investment in relation to regionally located secondary assets.
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