Wed, 13 Jun 2012 | COMMERCIAL PROPERTY
The commercial property market in the Midlands is showing signs of improvement, according to a recent Lloyds TSB Commercial report.
The Property Matters report, published on a quarterly basis, showed a clear difference between last year's results and this year's figures, with a strong swing towards optimism seen in the Midlands, while business owners in London appeared less confident in the market.
Around 18 per cent of respondents stated that they expect activity to slow in the commercial property market, while 54 per cent predict that it will stay at current levels in the Midlands, which leaves a net confidence score of +10.
Andy Watts, relationship manager for the bank in Birmingham, commented: “From a bank perspective, while it would be nice if this crucial sector of the property market were confidently expecting 2012 to be significantly better than the latter half of 2011, that isn’t going to happen without far more tangible evidence of movement in the market.
“However, the slight swing towards a belief in an upturn in the market and the fact that less people are predicting a decline is a positive sign.”
A leading dental practice situated in the heart of London, providing exceptional dental care in a comfortable and welcoming environment.
LEASEHOLD
A leading internet-based provider of customisable and curated beauty box services. Over the last decade, the business has evolved from a premier subscription service to a leading internet-based provider of highly attractive and rapidly expanding beau...
WEB-BASED
Discover a leading innovator in data centre solutions, recognised as a top supplier both in the UK and internationally, with a robust consultancy arm contributing to a growing turnover.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.