IPD concerned over health of UK commercial property market
5th December 2011
New data from Investment Property Databank (IPD) indicatesthat the UK commercial property market is in need of a lifeline.
Concern from IPD surrounds the slowdown of capital growth for office space in Central London
. With growth standing at just 0.4 per cent and with rental values cooling for the first time in over six months there is a fear that only prime London locations can provide added value.
Property developers are also finding it more difficult to achieve investment as bankers are actively seeking to reduce their exposure to property.
Read the full story IPD warns UK commercial property at a standstill
on inspiresme.co.uk today.