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Commercial property could lose one third of value Commercial property could lose one third of value
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Old 05-19-2008, 03:51 PM
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Default Commercial property could lose one third of value
Several leading analysts in the commercial property industry agree that, by the end of 2008, commercial property will have lost 30% of its value. Prices have dropped by an estimated 20% at this stage in the year, and an additional 10% fall is a not unrealistic prediction.Offices and shopping centres that have tenants on short-term [...]

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