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United Kingdom

Commercial property values fell in the second half of 2016, in particular for properties with shorter leases, or requiring asset management, or those located in Scotland, due to heightened political fears.


Continued economic growth has resulted in a property development boom over the last few years and in turn rents coming under pressure, especially in the office sector.


The improved economic outlook has resulted in new development beginning to pick up. The take-up rate is, at least at the moment, matching this increased supply.