Wednesday, April 2, 2008

London property values struggle

London property values struggle

By Daniel Thomas, Property Correspondent

Published: April 1 2008 22:23 | Last updated: April 1 2008 22:23

The UK commercial property investment market struggled to find its feet in the first quarter this year after the bruising slide in values continued.

According to data out on Tuesday from the main agents, the central London investment market had its worst first-quarter trading period for at least three years, while sales in the debt­­­-reliant shopping centre market dropped by almost 80 per cent compared with the same period last year.

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