We are delighted to confirm expansion into new offices at 28/32 Greenwood Street, Altrincham
Commercial property improves since 2007 low. The Q3 RICS UK Commercial Property Market Survey points to further improvement in both the occupier and investment markets.
Download the RICS UK Commercial Market Survey 2013 for Q3
In line with demand performance, the RICS rent expectations series sustained its upward trend. This represents the first quarter in which rent expectations have been positive for all sectors, at the same time, since mid 2007.
Corporate Property Partners, contributors to the RICS commercial market survey, reports market based improvements across sector and The RICS have highlighted conditions continue to improve in the investment market with the net balance reading for both enquiries and expected transactions moving further into positive territory.
The outlook for the retail sector, particularly weak in recent surveys, is now showing some improvements. Both rent and capital value expectations for the quarter ahead turned positive at the national level, on the back of a pick-up in demand.
The net balance of surveyors reporting increased development starts rose to its best level since the early part of 2007.
Over the next twelve months, rents are expected to rise by around 2% in the office sector, 3.4% in the industrial sector and 0.5% in the retail sector. On the same basis, capital values are anticipated to rise 1.4% in retail, 2.9% in office and 3.6% in the industrial sector.
The focus of Corporate Property Partners, Chartered Surveyors, is to provide Clients with detailed expertise - derived from a genuine understanding of the functionality of commercial property and to offer advice in accordance with the Client's needs.
Our Client base extends from single premises Clients, FTSE company portfolios, Landlords, Investors and Developers. CorProp specialises in property held for business and investment that is owned, leased, sub-leased, or licensed. Our role is to identify, advise upon, orchestrate and carry out property activities designed to enhance the core business activity.
We identify issues, address how best to undertake them, assess the financial implications and complete the required actions.
We carry out Sales, Purchases, Lettings, Assignments, Sub-Lettings, Acquisitions, Rating Appeals, Rent Reviews, Lease Renewals, and Assess / Predict Dilapidations. Our advice also includes carrying out sophisticated activities on behalf of Clients including Sales-and-Leasebacks to release capital, removal of break clauses and cash flow and cost projections.