Wed, 23 Feb 2011 | COMMERCIAL PROPERTY
According to a new survey by The Royal Institution of Chartered Surveyors (RICS), commercial property sales are on track for an extremely strong first quarter.
Surveyors across the UK are reporting that the commercial property sector is heading for its 'best quarter since 2007.'
Many predicted that activity within the sector is set to rise, with commercial business property owners likely to witness strong demand over the next few weeks.
Eighteen per cent of RICS surveyors reported that the levels of sales and lettings of commercial buildings would rise over the rest of the quarter to March. This is in sharp contrast to the opinions voiced during the last few months of 2010.
However, whilst the commercial sector in London is looking positive, outside London the outlook is less certain. RICS chief economist Simon Rubinsohn said, “While it is true that some optimism is returning to the real estate world, the commercial market still faces significant challenges.
“Regional variations are becoming increasingly visible with the picture on rents and capital values broadly reflecting the emerging economic recovery,” he added.
RICS said that the 'most buoyant part of the market' continued to be commercial investment property – such as offices blocks - in prime locations such as the City of London and the West End.
The company is a supplier of automation and industrial manufacturing components, catering to a long-standing customer base that spans a diverse range of sectors. Products include electrical motors, gearboxes and motor control drives; electrical equip...
LEASEHOLD
The company provides a comprehensive range of building services consultancy providing mechanical and electrical design solutions, including sustainability and energy performance solutions. The company offers in-depth and flexible services to accommod...
Current order book of circa £775k. Stocks and supplies a variety of precision engineering components, including standard machinery and equipment elements, die sets, press tool components, mould tools, die and gas springs, punches, presses and custom...
23
|
Apr
|
Furniture retail group acquires stock and IP of e-commerce firm | BUSINESS SALE
Flair Furniture, a retail group based in West Yorkshire, has...
23
|
Apr
|
UK administrations update: April 17 – 23 | ADMINISTRATION
Since our last update, the following businesses have been co...
23
|
Apr
|
TC Group merges with Rochester accountancy | MERGER
TC Group has continued to expand through strategic M&A after...
23
|
Apr
|
TC Group merges with Rochester accountancy | MERGER
TC Group has continued to expand through strategic M&A after...
23
|
Apr
|
UK administrations update: April 17 – 23 | ADMINISTRATION
Since our last update, the following businesses have been co...
23
|
Apr
|
Furniture retail group acquires stock and IP of e-commerce firm | BUSINESS SALE
Flair Furniture, a retail group based in West Yorkshire, has...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
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.