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Property recovery quickens and broadens

All-property rental values ticked up by 0.1%m/m in September while yields edged lower. As a result, capital values rose by 0.6%m/m. That was the largest monthly gain since April 2010. But perhaps more notable was the fact that capital values rose in all nine of the sector/region categories on the IPD's conventional breakdown. That hasn't happened for close to three and a half years.

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