There have been a number of reports recently regarding the property market here in the UK, with a number of indications suggesting that the housing market is experiencing a substantial recovery following a tumultuous few years. According to new research there’s also further good news to be had with regards to the commercial property market here in the UK. Indeed, as outlined in the report, it’s thought that the UK commercial property market may even achieve returns in excess of 20% for the year 2014, which would be the strongest return seen in the country for 25 years. A number of factors, such as an increase in investor confidence, are thought to have contributed to the strong forecast for this year.
Last month also saw further gains with returns of 1.7% being recorded and, significantly, this also represents the second highest monthly returns of the year so far, with September’s returns eclipsed by the figures for June this year.
Furthermore, the UK property market is also attracting increased attention from international investors, suggesting that the trend of strong growth in the UK commercial property market is set to continue. Interestingly, according to a number of recent reports London in particular has attracted a growing number of investors from abroad, keen to take advantage of the investment opportunities on offer in the capital. The Financial Times reported that, following the global financial crisis, London’s property market has, in fact, boomed and a number of factors, such as low base rates, have combined to make London a great investment site.
These new reports indicate that the recent positive growth in the UK commercial property market is continuing. Here at Prideview Properties we’re experts when it comes to commercial property, so if you’re interested in taking advantage of the current investment opportunities to be had then we can help. If you’re looking for commercial property agents in London please don’t hesitate to contact us and one of our expert team will be happy to help you with your enquiries.