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An agreement between the Valuation Office Agency (VOA) and rating agents led by Jones Lang LaSalle and GVA has been reached that will see the following reductions to office assessments in the 2005 Rating List in Bracknell between 30th May 2009 and 31 March 2010 to reflect market oversupply:
Best quality - 7.5%Average quality - 5%Poor quality - 2.5%
Oversupply appeals were made in March 2010 on the grounds of a material change in circumstance. Discussions between the VOA and the agents consortium commenced in September 2010 and were concluded on Friday 7th December 2012.
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