Capital values for offices in the City of London dropped 6.1 percent in July from a month earlier, in the aftermath of Britain’s vote to leave the European Union, a real estate firm said on Monday.\u00a0Capital values for offices in central London and the rest of the UK dropped by 4.1% and values for all UK commercial property dropped 3.3 %, taking year-on-year growth to 0.4%, CBRE said in its monthly UK commercial property index.\u00a0Capital value refers to the probable price that would have been paid for a property at the date of valuation.<\/p>\n
Read more: Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Capital values for offices in the City of London dropped 6.1 percent in July from a month earlier, in the aftermath of Britain’s vote to leave the European Union, a real estate firm said on Monday.\u00a0Capital values for offices in central London and the rest of the UK dropped by 4.1% and values for all\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,15,11],"tags":[64,139],"class_list":["post-618","post","type-post","status-publish","format-standard","hentry","category-city","category-international","category-others","tag-cbre","tag-office-capital-value"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=618"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/618\/revisions"}],"predecessor-version":[{"id":619,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/618\/revisions\/619"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}