UK investment property sector healthy
Friday 21 April 2006
Investment property in the UK is performing well compared to other markets and is likely to see returns of 17% during 2006, according to recent research.
The Royal Institute of Chartered Surveyors (RICS) Global Property Survey shows that the sector is shaking off the pressures of high oil prices and renewed investment competition from the strengthening stock markets.
However, the commercial property investment sector no longer leads the pack in Europe with investor and business demand starting to pick up in other European centres.
Investors are piling into European commercial property regardless of sluggish, static or even negative trends.
The research also shows rents in the UK are picking up, primarily due to a stronger London office market which has benefited from rapid growth in the financial sector.
[back to news] [return to top]
