Commercial property argued by Close

Increasing investments in the asset class by pension funds diversifying portfolios along with growing demand for rental income by an ageing population, growing use of SIPPs, and a commercial buy-to-let market are cited as reasons why the market could return up to 9.5% this year. The current state of the market indicates that new commercial space is being absorbed by relatively stable, albeit, perhaps slower GDP growth, while the interest rate cycle is estimated to be at or near its peak, and levels of development are relatively subdued, indicating there is not a wave of commercial space ...