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Real Estate Briefing - Categorized | Commercial property Watch, Market Moves more

Britain’s commercial property gap is ‘closing’

Posted on 02 August 2011

The gap in performance between London’s commercial property investment market and other areas of Britain is starting to close, a commercial development expert has stated. In the UK market, there are leaders and laggers, with London seeming to recover the fastest, before other areas begin to start their own recoveries, a representative from Savills has insisted.
Mat Oakley, director of commercial research at Savills, said: “If you are looking at the best regional office markets and the best regional retail markets then we are starting to see the beginnings of a pick-up in take-up……………………………………….Full Article: Source

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