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UK commercial real estate looking to cut debt

Pandemic is also forcing businesses to make structural shifts

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UK office investment was down by 56 per cent in Q2 and Q3 of 2020, according to CBRE. But a rebound is expected later in 2021, especially when travel restrictions are gradually lifted.

London

BRITISH commercial property companies are looking to reduce their debt and be flexible as the real estate market is predicted to take up to two years to recover from the economic downturn.

Reports by property consultant CBRE and agents Knight Frank and Cluttons state that...

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