Lamport Bassitt Solicitors - Legal News - Commercial property investment 'accelerating'


	LATEST LATEST LEGAL NEWS ARCHIVE		LATEST NEWS & EVENTS Commercial property investment 'accelerating' Investment in the commercial property sector is accelerating, it has been claimed. According to an article in the Financial Times, more than £1 billion worth of shopping centres will change hands over the next few weeks. This activity includes a deal between private equity real estate fund manager Meyer Bergman - which was established in 2004 - and Aviva, under which the former is to purchase a half-share in the Bentall shopping centre in Kingston, Surrey. The deal is said to be worth around £70 million and is one of over a dozen similar agreements which are expected to be completed in March. Meanwhile, Julian Stocks, managing director at Jones Lang LaSalle, expressed a belief that the recovery in the commercial property market could be sustained despite fears of potential falls in prices later this year. He noted that yields being achieved on certain West End properties had narrowed to 4.25 per cent, nearing levels seen at the peak in 2007. Related Articles: 30/3/2012 - EPC changes to affect buy-to-let landlords 27/3/2012 - Rent increases drive strong buy-to-let yields 27/3/2012 - Property industry welcomes 'sensible' planning reforms 2/3/2012 - Arla advises landlords to 'invest wisely' 1/3/2012 - Basel III could hit commercial property lending More Property Law News