Commercial property demand ‘is still quite healthy’

Posted 06/04/2011

Demand for commercial property is still quite healthy among investors, according to one expert.

Ed Stansfield, spokesperson for Capital Economics, said people are still interested in buying because of the high yields that are being offered at present.

“So long as the property in question is deemed to be well-let, in a good area and what most people would regard as being prime [demand is fairly healthy],” he commented.

However, Mr Stansfield added that buyers may be holding back from investing a little at present to see what interest rates will do and what effect government cuts will have on occupier demand.

This comes after Standard Life Investments predicted that global commercial real estate markets will see double-digit returns over the coming months.

Anyone thinking of buying commercial property may benefit from seeking advice from the specialist solicitors at Ashtons Legal.

They have experience in the sale and purchase of multi-property portfolios, individual development sites and retail properties, so will be able to offer counsel at all stages of the transaction.