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Commercial sector contributes 7% of total UK GVA, says BPF

The commercial real estate sector contributed £42.3bn to the Exchequer through employment and transaction taxes and business rates

The commercial real estate sector “performed strongly” in 2022, weathering the Covid-19 pandemic, supporting a record number of jobs and contributing the equivalent of more than 7% of total UK GVA, according to the latest research from the British Property Federation (BPF).

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