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LATEST NEWS & EVENTS Long-term prospects for commercial property 'are encouraging'  The long-term prospects for the UK's commercial property market remain encouraging, it has been claimed. According to the Scottish Widows Investment Partnership, over the course of the next five years, the asset class will deliver a total return of 8.5 per cent. It predicted that central London offices will see the most rapid rental growth over the period, driven by a lack of supply in the area. Commenting on the issue, head of property research at the organisation Dr Ed Trevillion said: "Over the first half of this year, we have seen an improving trend in the figures coming through for property fundamentals as rents become less negative and expectations for capital value growth become stronger." He added that while there are still short-term concerns over the sector, commercial property remains attractive relative to other asset classes. Recently, the British Property Federation suggested that zero-carbon emissions targets set by the government are causing concern among some of those in the industry. Posted by Isobel Whitely 
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