Of the British in July, said the slow growth of commercial real estate prices
YORK August 14 morning news, the British research institutions Investment Property Databank (hereinafter referred to as "IPD") Friday released the report, the British shops, offices and warehouses and other commercial real estate in July the speed of price slowdown, as investors increasingly worry about the British economy would be sliding into recession.
report, in July the British commercial property prices rose 15% over last year, and in June the same year on year increase; than in June rose 0.2%, less than in June and in May rose 0.5% ring , the highest since August 2009 the lowest since the chain increase.
report also shows, including prices and rental income, including commercial real estate in July than the same period last year total return of 24%.
IPD's research manager for 马克凯莱希 - Jones (Mark Clacy-Jones) released an e-mail report: "So far, commercial real estate prices rebound caused by the growth rate equivalent to the a bull real estate market in the last 12 months, more than double the growth rate of the time. Although the growth rate in recent months has slowed, but the market has been recovering in a considerable extent. " < p> the British government had said earlier that, because of the largest since World War II the sake of cost-cutting plan, in 2011 and 2012 British economic growth rate will be lower than expected, which may lead to commercial real estate values decline due to market Shops and offices on the demand weakened. And in June 2007 compared to record highs, the current commercial real estate prices are still 36% decline. (Jin-liang)
