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Simon O'Brian
Simon O'Brian
  • 1 Minute Read
  • 17th August 2012

West End growth

According to the last monthly index from leading property investment company IPD, London's West End is consistently posting growth while much of the rest of the UK's commercial property sector shudders to a halt. IPD revealed that rental and capital values for West End offices in July increased by 0.4 per cent and 0.5 per cent respectively. This stands as a marked contrast to City offices, where values fell by 0.6 per cent during the same period.

On a broader front the IPD index recorded returns on UK commercial property investments climbing to 0.2 per cent in July, while income return now stands at an average of 0.6 per cent.