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30Aug91 UK: SURVEY BY HILLIER PARKER SUGGESTS PROPERTY MARKET IS OVER THE WORST OF THE RECESSION.

'The property market is over the worst,' says a survey of average yields by the agent Hillier Parker.The most hope seems to rest with the industrial market, where the survey says yields on property are beginning to fall. In the retail and office market, yields in the quarter to August were static, which is another way of saying rents and capital values are no longer falling, as they have been since the middle of 1989. Increased investment has been detected 'even in the provincial office ...

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