Performance of UK commercial property experienced a minor
improvement last month as the value of work space fell by 0.3% in
comparison to a decline of 0.5% in June, according to CBRE's latest
UK Monthly Index.

Overall total returns reached 0.2% for all property, with Central London again experiencing the strongest
total returns in July of 0.7%, including particularly strong growth
in the West End (1.0%).

Subsequently experts have tentatively remarked that the negative
tide that swept the property market earlier in the year may have
subsided at the same time as the arrival of the 2012 London Olympic
Games.

Nick Parker, senior analyst of economics and forecasting at
CBRE, said: "It seems apt that amid the ongoing success of the
London 2012 Olympics, that the property market in the Capital saw
performance improve in July.

"This came as West End offices, long heralded as the UK's Jewel
in the Crown, saw a boost in capital values of 0.7%, as sizeable
rental growth drove capital appreciation.

"As the Olympics draw to a close and the legacy of the Games is
left in its place, this intense spotlight on London should
reinforce the Capital as the leading global destination for
investor purchases anywhere in the world."

Here are the key facts to come out of the CBRE's latest UK
Monthly Index

-  All Property total returns were 0.2% in July, with
capital values down 0.3%
-  Year to date, capital values have fallen by 2.6%
-  Central London offices remain the strongest sub-sector,
with values up by 0.4%  over the month, an improvement on last
month
-  West End was the star performer, with values up by 0.7% and
total returns of 1.0% for the month
-  Retail performance remained subdued this month but did see
some marginal improvement on last month, with values down just
0.5%
-  Industrial property saw values fall by 0.2% in July, down
by 1.5% so far this year
-  Rental values were again flat this month. So far this year
overall UK rental values have fallen 0.3%

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