Competition leading to commercial property rates slowdown: Burns & Wilcox
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Competition leading to commercial property rates slowdown: Burns & Wilcox

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Commercial property rate increases have become more muted in the second quarter of 2020 compared to last year, according to data from wholesale broker Burns & Wilcox.

Rates averaged around 10% during the second quarter, compared with about 20% a year earlier, the intermediary said during a recent webcast.

The

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