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LATEST NEWS & EVENTS UK commercial property performance 'more or less unchanged'  Those looking for a commercial property solicitor might be interested to note recent figures released by CB Richard Ellis (CBRE). The organisation reported that the all property average prime yield was unchanged in the second quarter of 2010, showing a 5bp decline over the period. In fact, compression in prime yields slowed across all commercial property sectors. However, CBRE suggested that offices recorded positive growth. Nick Parker, senior analyst for UK research at the group, stated that there is a regional split in the real estate market. He said: "The south of England seems to be recovering at a steadier rate, with some of the northern regions continuing to show signs of weakness across all three sectors." The expert noted that much of the commercial property turnaround is related primarily to central London. Recently, Kelvin Davidson, property economist at Capital Economics, noted that BNP Paribas' prediction that real estate values will take 15 years to recover could be a realistic possibility. Posted by James Walsh 
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