Lamport Bassitt Logo

OVERVIEW  |  HISTORY  |  PARTNERS  |  CAREERS  |  CONTACT US  |  LOCATIONS

news image

         
  LATEST

LATEST LEGAL NEWS ARCHIVE
  LATEST NEWS & EVENTS

High-profile commercial property deals 'could stimulate market'



Positive development news could be a catalyst for any improvement in the levels of confidence in the UK commercial property sector.

According to James Roberts, head of central London research at Knight Frank, investor activity may have a big impact on the rate of building in the months ahead.

Referring to last year's Watermark Place deal by the Japanese bank Nomura, he said: "A big deal like that going through would certainly help confidence."

Mr Roberts added: "Good news always helps."

The expert also suggested that the commercial property market is taking a pause for breath, following above average levels of take-up in the City between the end of 2009 and the start of 2010.

According to the Royal Institution of Chartered Surveyors, demand has dropped in the UK's real estate sector, with the group reporting the first negative reading since the first quarter of 2009.

In addition, tenant demand for offices were shown to have fallen.

Posted by Fiona WhiteADNFCR-1678-ID-19905055-ADNFCR
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
 
         

HOME  |  LATEST LEGAL NEWS  |  BOOKMARK US  |  FLASH WEBSITE  |  TEXT ZOOM

  © 2012 Lamport Bassitt DEFAULT ZOOM  |  DISABILITY INFORMATION  |  LEGAL INFORMATION