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UK commercial property values will have halved by 2010, predicts RICS

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  • UK commercial property values will have halved by 2010, predicts RICS

    The Royal Institution of Chartered Surveyors (RICS) has predicted that capital values in the commercial property market will fall by at least 16% in 2009, and continue to fall in 2010 by up to 10%. Capital values have already fallen 25% since the credit crunch began in the middle of 2007. If the RICS prediction proves [...]

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