Lamport Bassitt Solicitors - Legal News - London's commercial property market 'showing signs of strength'


	LATEST LATEST LEGAL NEWS ARCHIVE		LATEST NEWS & EVENTS London's commercial property market 'showing signs of strength' Commercial property observers may agree with an expert's assessment that the UK's real estate market is strong in London, but may show signs of weakness in other parts of the country. Andrew Burrell, partner in research at King Sturge, noted that the capital's inner core attracts most of the attention among investors. "There are strengths in the UK property market, but then there are also weaknesses; you wouldn't look very much to offices outside of London," he observed. Mr Burrell added that quarter-on-quarter comparison rates have been affected by factors such as the Budget, the economy and interest rates. The expert also noted that the nation's industrial sector has yet to make a complete turnaround from the effects of the recession. According to CB Richard Ellis, the rate of UK commercial property growth was 0.6 per cent in June, equating to an overall increase in real estate values of 6.8 per cent so far this year. Posted by Helen Causer 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