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Thursday, July 21, 2011

Commercial Property in Europe Improving, mostly!

The second quarter of 2011 marked a continued period of general stability in values across the European commercial property market, with prime rents and yields seeing little movement, according to the latest figures released by CB Richard Ellis (CBRE). While value gains are still evident, the pace of recovery remains slow according to CBRE. Prime rents saw little change overall across Europe in Q2 2011. Retail rents rose by an average of 1.7%, mainly on the back of increases in Germany and France.

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