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London, 25th January 2013 – The latest Jones Lang LaSalle “style index” shows potential green shoots in the UK secondary market as quarterly returns for Value (secondary) assets were slightly up at 0.4% in 2012 Q4 from 0.3% in Q3. Whilst the overall picture for 2012 has been a marked divergence in investment performance between prime and secondary this is encouraging and could be the start of the bottoming out of the secondary market. In 2013 we expect to see the re-emergence of secondary, as investors look at lower grade properties due to overpricing and lack of supply in prime.
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