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U.K. Commercial Property Values Rise for 10th Straight Month

U.K. commercial real estate values rose for the 10th straight month in February as tenants paid more to rent offices and warehouses, Investment Property Databank Ltd. said.

The average value of stores, offices and industrial properties climbed 0.6 percent from a month earlier, London-based IPD said in a statement today. Total return, which combines changes in real estate values and rental income, was 1.1 percent.