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Commercial Property News
Investors 'to increase commercial property exposure'
The vast majority (92%) of real estate professionals expect to either increase or maintain the amount of UK business property they have in their portfolios during 2010.
This is according to new research from the structured property finance division of Investec Private Bank, which also showed that 54% of those questioned see valuations stabilising over the course of the year.
Almost a quarter (23%) expect them to rise and Paul Stevens of Investec said that the findings support the bank's view that "UK commercial property is looking increasingly attractive to many investors".
"As a result, we are likely to see yields narrowing slightly over the coming months," he continued, adding that the firm is expecting a higher level of demand for finance to support development projects than it has seen in past years.
Earlier in the month, Cushman & Wakefield predicted that global investment volumes in commercial real estate will rise by 30% in 2010.
This is according to new research from the structured property finance division of Investec Private Bank, which also showed that 54% of those questioned see valuations stabilising over the course of the year.
Almost a quarter (23%) expect them to rise and Paul Stevens of Investec said that the findings support the bank's view that "UK commercial property is looking increasingly attractive to many investors".
"As a result, we are likely to see yields narrowing slightly over the coming months," he continued, adding that the firm is expecting a higher level of demand for finance to support development projects than it has seen in past years.
Earlier in the month, Cushman & Wakefield predicted that global investment volumes in commercial real estate will rise by 30% in 2010.
Tue, 9th Mar 2010