Monday, Jan 29, 2007
Commercial property on the slide
FT.com: Commercial property boom ‘at an end’
The commercial property boom in the UK has finally ended, judging by new data suggesting that prices started to fall in the closing months of last year.
Average net initial yields fell from 7.3 per cent in December 2001 to 4.89 per cent in September 2006, but by December 2006 had risen to 5 per cent, according to agents Lambert Smith Hampton.
Posted by dohousescrashinthewoods @ 11:06 AM (39 views) Add Comment
2 Comments
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1. paul said...
If there was a boom in commercial property, it was muted and short-lived.
2. sirgoogle said...
I bet it was only Discount stores. Not manufacturing or anything long term.