A further reason for a more positive view is a recent report which suggests that prime property yields in the UK could fall to around 4.85% in 2014, implying a 40% rise in prime commercial property values by the end of 2015. That is the view of a report by Chesterton Humberts and the Centre for Economics & Business Research (cebr) which noted the likelihood of low lending interest rates and the underlying strength of the financial services sector. Chesterton Humberts’ Paul Abrey said: “Our research suggests that the long term prognosis is good due to economic factors that are likely to remain in place for some time.” The cebr argues that that “the gap between government bond and property yields will narrow, indicating that investors perceive property to be a safer bet than in the recent past with the prospect of increasing values as the yields on government stock remain low.”
The South West Commercial Property Register
The South West Commercial Property Register is a leading UK business property publication from Martin Austen Publishing. The aim of the publication is to offer a simple and effective means of finding Office Space in the South WestServiced Offices in the South West and industrial commercial property in the South West. You can also find the latest commercial property news for the South West region.
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