Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

U.K. Commercial Property Values Fall for 15th Month in January

U.K. commercial real estate values fell for the 15th consecutive month in January led by a decline in retail, Investment Property Databank Ltd. said.

The average value of stores, offices and warehouses declined 0.2 percent from December, London-based IPD said in a statement today. Total return, which combines changes in real estate values and rental income, was 0.4 percent in January.

“There are some encouraging signs starting to emerge, with pockets of improvement emerging around the U.K.,” Phil Tily, a managing director at IPD, said in the statement. “With the pricing so keen for Central London assets, there may be more movement amongst investors to seek better value in the regions.”

Britain faces a muted economic recovery and a further bout of inflation, Bank of England Governor Mervyn King said yesterday. The Confederation of British Industry, the U.K.’s biggest business lobby group, also lowered its 2013 economic-growth projection to 1 percent from 1.4 percent.

The value of office buildings in the City of London financial district fell for the first time since July. Capital growth slowed in the London’s West End office and retail markets, IPD said. Retail values overall declined by 0.3 percent.

The IPD index was compiled from appraisals of 3,427 properties valued at 31.5 billion pounds ($48.8 billion) at the end of January.

Neil Callanan in London at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.