Lamport Bassitt Solicitors - Legal News - Commercial property market growth 'set to slow'


	LATEST LATEST LEGAL NEWS ARCHIVE		LATEST NEWS & EVENTS Commercial property market growth 'set to slow' The commercial property market is set to "pause for breath" following steady expansion over the last ten months, according to one industry commentator. It was recently revealed by the Investment Property Databank that capital growth in the sector rose by some 14 per cent over this period of time. However, it increased by just 0.8 per cent in April - the slowest rate seen since August 2009. And Mat Oakley, head of commercial research at Savills, commented on the figures by stating his belief that the market is now reverting to normality. "It is no great surprise that the rate of rise in capital values has slowed off because frankly it was spectacular last year," he said. Mr Oakley went on to explain prime assets, "either … long-term secure income streams or opportunities with rental growth", will now continue to see price rises until rental growth expectations begin to support the yields. 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