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Fri 06 Jun 2009UK commercial property prices down 1.5%
The two-year British commercial property correction showed fresh signs of easing in May with average values falling by 1.5 per cent last month, compared with a 2.1 per cent drop in April, data showed today.
The latest CB Richard Ellis (CBRE) Monthly Index showed the pace of repricing slowed again in May, continuing a trend of shrinking month-on-month price falls seen since end-November.
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