Depreciation of Commercial Investment Property in the UK (November 2011)
The research is the third in the IPF depreciation series updating the 2005 IPF depreciation research, providing rates of rental depreciation and capital expenditure between 1993 to 2009. The research finds the greatest depreciation in the office sector and the least in the retail sector. Further segmentation is provided and considerable variation is noted at an individual asset level. Capital expenditure rates are greatest in the office sector and are unevenly distributed amongst assets.