Friday, June 29, 2007

Britain’s runaway commercial property market has peaked

Britain’s runaway commercial property market has peaked and is already showing signs of a slowdown, the head of Britain’s largest property company has warned.
Demand for prime Central London offices was strong during the first quarter, with investors paying top prices, confident that rental growth would boost yields, currently hovering at 4 per cent. With prices continuing to rise for Office Space UK, it seems that renting commercial property space is currently the safer option.

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