Wednesday, Mar 21, 2007
Here comes the commercial property crash ?
Citywire: Tax reduction for empty commercial properties threatens fund returns
The government intends to reduce empty property relief (EPR) in an effort to enhance the supply of commercial property.
Posted by ash4781 @ 07:40 PM (165 views) Add Comment
2 Comments
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1. Whiteknight said...
Something to do when bored:
Take a walk around the City of London (if you happen to live near).
Pick some of the busiest office streets.
Walk for an hour.
Count the amount of square footage that you can tell is for is for let or empty because of the big signs outside.
Extend your trip into Mayfair (hedge fund land) if you want some additional entertainment.
2. Becky said...
Anything that reduces the amount of property sat empty has to be a help even if it is only commercial properties in this case.