Commercial property sector 'has recorded 12 months of positive growth'

Call us on our free phone number 0800 587 0093

People Finder

Search AG

Share this site

My Ashton KCJ Bookmarks

Currently no favourites bookmarkedAdd this page to FavoritesCharacter limit exceeded! Limit:To delete the bookmark click on the title and drag out.Bookmark already exists!Custom titleDescriptionPlease fill in all required fields!

100smoothness

Warning: Invalid argument supplied for foreach() in /home/ashtonkc/public_html/modules/mod_cd_fapa/tmpl/default.php on line 56

Commercial property sector 'has recorded 12 months of positive growth' /resources/news/commercial-property/1703-Commercial-property-sector-has-recorded-12-months-of-positive-growth

Home > News & Resources > News > Commercial Property > Commercial property sector 'has recorded 12 months of positive growth'

Commercial property sector 'has recorded 12 months of positive growth'

The UK's commercial property market has been able to record 12 consecutive months of capital growth, new research has revealed.

According to the Investment Property Databank (IPD), markets have grown by 15.5 per cent since August 2009.

Despite only recording growth of 0.2 per cent last month, this was the same increase recorded when the recovery started, the organisation said.

The last time the commercial property market was able to declare 12 months of consistent growth was June 2007.

Mark Clacy-Jones, IPD research manager, said: "The rebound to date has delivered capital appreciation at more than twice the growth rate of the final 12 months of the last property bull run, which puts into context just how far markets have recovered."

The retail sector was found to have recovered the most since the trough with 18.6 per cent growth, while the office market rose by 13.8 per cent.

This comes after research from IPD released last month showed there was 1.9 per cent appreciation in the commercial property sector in the second quarter of 2010, which was attributed to the softening influence of yields and rents.
ADNFCR-2347-ID-800027948-ADNFCR