PropertyEU

RICS forecasts total fall in UK capital values of 50%

By A staff reporter 2008-12-09T00:00:00

UK commercial real estate capital values could decline by 50% over the life cycle of the current downturn, the Royal Institute of Chartered Surveyors (RICS) has warned. RICS bases the forecast on its assessment that capital values could decline by 16% in 2009 with a further drop of up to ...

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