Commercial property market still looking good for investors

The steady increase in demand has led chartered surveyors working on commercial property to upgrade their expectations of rent rises to the highest in four years says Rics, with 13% more chartered surveyors saying they expect rents to rise rather than fall up from 9% of chartered surveyors in the final quarter of 2004. Levels of vacant business space drop back at their fastest rate since the end of 2000, returning some bargaining power to landlords. The value of inducements offered by surveyors to secure tenants also fell for the first time in four years but the current market still favou...