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Commercial property market to fall still furtherScotland on Sunday reported yesterday that property prices in the commercial sector will have to fall a further 10% before investors will be lured back. According to leading property consultants, some investors are poised with vast reserves of cash waiting for the right time to invest but unfortunately that is not right now. Commercial property prices have already fallen by 21.7% in the year to June 2008 and according to CB Richard Ellis a further correction will follow in the coming months. Read the whole article at Scotland on Sunday |
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