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1 in 3 UK commercial buildings foreign owned

One in three British commercial properties now have foreign landlords, but that ratio is set to dip slightly next year as real estate prices cool, a report from insurance firm Royal & Sun Alliance said on Wednesday.

According to the property investment underwriter, overseas-based investors directly own 22 percent of all commercial real estate, compared with 15 percent in 2000, before foreign buying of UK property really took off, driven by demand for office buildings with sitting tenants on medium-term leases.

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