Published on Friday, 22 May 2015
The RICS has recently published the results of the Commercial Property Market Survey for the first quarter of 2015. The UK market shows no sign of momentum easing on either the occupier or investment side of the commercial market, with market conditions continuing to improve in some locations. This is driving strong expectations for continued widespread capital value and rent gains in the medium term and beyond.
Demand for space to rent has increased across all sectors in the UK with available space continuing to fall confirming previous reported concerns of an under supply of property in some sectors.
The market across the Humber region is following the national trend although the rate of growth is not as quick as in London and the South East. At Clark Weightman we have experienced a continued fall in the number of new commercial properties coming to the market with increases in demand.
Clark Weightman Director, Andrew Clark, contributes to the RICS UK Wide Survey.
For further information please contact Andrew Clark on 01482 645522.