The slump across global commercial property markets has accelerated since the turn of the year, with the emerging markets in particular struggling under the combination of capital value and rental falls.
The pace of decline in capital values accelerated in the first quarter, while almost every country in the world is reporting a slide in rents, according to the global property survey from the Royal Institution of Chartered Surveyors, released today.
Countries across Europe suffered price falls, with particularly significant pessimism over capital values in France, the Netherlands and the Republic of Ireland.
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