City of London office capital values drop 6.1 pct in July -CBRE

August 8, 2016 11:23 AM

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LONDON Aug 8 Capital values for offices in the City of London dropped 6.1 percent in July from a month earlier, in the aftermath of Britain's vote to leave the European Union, real estate firm CBRE said on Monday.

Capital values for offices in central London and the rest of the UK dropped by 4.1 percent and values for all UK commercial property dropped 3.3 percent, taking year-on-year growth to 0.4 percent, CBRE said in its monthly UK commercial property index.

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