Commercial property market 'looks considerably brighter'
Tuesday 6th October 2009Investment opportunities in the commercial property market are looking "considerably brighter", new research has shown.
According to HFM Columbus (HFMC), the Investment Property Databank (IPD) index has varied between 4.5 and nine per cent during the last 20 years and now stands at 7.8 per cent.
Rob Pemberton, HFMC investment director, said: "We are now experiencing one of the widest ever spreads over ten year gilts, which are currently yielding 3.7 per cent.
"The IPD index has now shown positive gains for both July and August this year, suggesting a bottoming of the property cycle - we believe it is now time for investors to hold their noses and re-enter the market."
He added that it is unsurprising how property became a "dirty word" for many investors after the index fell by 35 per cent across the two years to July 2009.
Figures from LaSalle's 11th European Regional Economic Growth Index showed that Munich is now the most popular city among commercial property investors after knocking London from the top spot.
Share this article:
Nowpublic
Digg it
Del.icio.us
Reddit
Newsvine
Related News Stories
More banks willing to lend to commercial property investorsTuesday 6th October 2009
London knocked off top spot in commercial property rankings
Thursday 1st October 2009
HSBC weighs up sale of Canary Wharf HQ
Thursday 1st October 2009
Government register will 'put off commercial property investors'
Tuesday 29th September 2009
London and Stamford invest in Arsenal stadium flats
Tuesday 29th September 2009
Most Read News Stories
New Bridge Doctors site launchesTuesday 10th February 2009
RBS set to give bonuses whilst Obama caps bankers’ pay
Thursday 5th February 2009
Brokers’ four most dreaded words:
Tuesday 18th November 2008
Base Launches Fast-Track Commercial Mortgage Offering Guaranteed Commission
Wednesday 20th February 2008
Send To Friend Print
RSS Feed
News Archive
Bridging Loan Questions
Feedback:
If you have any queries about this news story or our news section, please contact us
