The fall-out of the credit crunch continues to affect the Central London commercial property investment market, according to the latest investment market figures from global property consultant Cushman & Wakefield. Just £2.83bn (EUR 3.59bn) transactions took place during the first quarter of 2008, which is significantly down on the total of £3.9 bn (EUR 4.9 bn) for the same quarter last year. According to the report, the figures for 2008 are the lowest Q1 volume recorded for more than three years.
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