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UK National Voice Q2 2011

Despite a slow start to the year, the second quarter of 2011 witnessed increased activity from occupiers in the majority of the UK regional centres. However, performance remains mixed with take-up activity below the five year average in almost all locations. Grade A supply continued to fall, however the response from developers remains limited. Investment activity remains subdued as buyers continue to be risk averse, with the focus primarily on Central London and the South East. However, increased competition and current pricing levels in the regions should drive increased investor activity outside of London this year.



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