Western European commercial real estate returns in 2006 were the highest in at least six years, as prices of shopping centers and offices rose, according to London-based Investment Property Databank (IPD). Investments in malls, offices and warehouses returned 13.3% in local currency terms, compared with 11.8% in 2005, IPD said in an e-mailed statement. The 2006 return was the highest since IPD started its pan-European index in 2001, Bloomberg reported.
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