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Miscellaneous properties outperform more traditional investments | 7 September 2012

Miscellaneous British commercial properties are retaining their values far better than offices, shops and industrial buildings, according to new research.

In a study by CBRE indicating the annual price changes of commercial buildings, the ‘Other Property’ category far outperformed more traditional investments.

Despite the poor economic climate over the past year, miscellaneous buildings, such as gyms, cinemas or data centres, have only dropped by an average of 0.9 per cent in value. Overall capital values are down 2.9 per cent in the last 12 months.

Attempting to explain why these properties have retained the value so well, CBRE senior analyst Nick Parker told property-magazine.eu: “Some of the assets that fit into ‘Other Property’ offer more annuity style secure income streams for investors, which is ultimately what investors have been targeting since capital values stuttered last year.

“The diverse nature of the sector means that it is difficult to benchmark it versus others, but they have certainly outperformed all other asset classes in the year to date, with values only marginally down.”

Cityam.com reports that London remained the best performing region for British commercial property in August. Owners of Central London properties enjoyed a 0.5 per cent return on their investments last month.

Written by Joe Elvin on behalf of Qube Global Software

While posted by Qube Global Software all views expressed are not necessarily those of the company. All facts are verified where possible directly by the author.

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