When fund managers and property analysts tag property returns in the UK and some other European jurisdictions as the worst ever, it’s no wonder investors are seeking to cut their losses. Last year, UK commercial property values dropped by 26%, according to IPD. In the fourth quarter there was a record 14% decline. With the outlook for 2009 looking uncertain at best, some institutional and retail investors still in property have reconsidered and want out.
Thanks for your interest in Euromoney!
To unlock this article: