Unsustainable commercial property recovery, says Ernst & Young’s Item Club
February 2, 2010
The influential research group says that, although UK commercial property prices rose by 3% in December — their highest monthly rise in 23 years — the chance of a sustained recovery in 2010 and beyond is unlikely.
We agree with the sentiments of this report. This also highlights the need, as ever, for expert advice on buying, selling and leasing property to be sought, especially when the market is likely to be volatile and in a state of flux.
