Wednesday, Nov 11, 2009
Colliers Reports Improvements on UK Commercial Property Market
E1 News: Colliers Reports Improvements on UK Commercial Property Market
Colliers CRE – a leading British property consultant – published a report revealing that the UK commercial property market has seen the fastest recovery of property values in the past months.
According to the Colliers CRE report, commercial property prices are very likely to compensate for the declines seen in the first 6 months of 2009 as the increased demand of UK property investors, coupled by low property supply, bring property values back on the pre-recession level. Colliers experts, however, are concerned with the possibility of another price correction, which might occur as a result of the property rally.
4 Comments
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1. timmy t said...
Tell that to the commercial property agent I know who is desperately trying to shift property rent free because the landlords are prepared to take on anyone that will just pay the rates!
2. alan said...
The article may be good news to the trade but round by me those factory industrial estates still have the "for sale" boards. In my high st some of the closed retail shops have new owners - charity outlets selling secondhand "jumble" donated by sponsors.
I don't suppose anyone knows of new jobs or products being created?
3. Ndg said...
A boil goes numb before it bursts.
4. will said...
Colliers Property Consultants wouldn't have a vested interest in the commercial property market would they?