Summary
Commercial property investment is expected to bounce back next year with a period of strong growth in the early years of the coming decade, according to new research.
A report from GVA Grimley, entitled The Day After Tomorrow, the Post Recession World and Implications for Commercial Property, predicted that increasingly positive investor sentiment, based on property being very attractively priced, allied to downward pressure on yields, will all help to provide a significant boost to investment performance. While rental growth is likely to take some time to improve, the report predicts that capital growth will begin to bounce back in 2010 with 0.1 per cent growth, up from -14.2 per cent in 2009, rising to 2.4 per cent by 2013 although the report also suggested that growth could easily be stronger than these figures suggest.See the full content of this document
Extract
Experts Predict Capital Growth
Damian Lloyd, investment director at GVA Grimley, said a return to growth would be a welcome boost, but said...
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