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Commercial property capital growth remains positive: IPD
Date: 15 November 2010
Category: Market Watch
UK commercial property delivered a 15th consecutive month of positive capital growth in October, albeit at just 0.1%, according to IPD UK Monthly Index. Last month's fractional positive growth brings the compounded upturn in values to 15.9% since the recovery emerged in August 2009, while the 12-month capital growth rate now stands at 12.2%. Over October, income returns of 0.6%, together with the positive capital growth, contributed to a total return of 0.7%.
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