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Property investors 'should not worry about commercial property values'

Property investors 'should not worry about commercial property values'
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The slight decline in commercial property rental values should not concern investors keen to earn extra money via such assets, according to an industry expert.

Mat Oakley, director of commercial research at Savills, noted that this type of property has been recovering for about one year in London, but there has been little growth to speak of elsewhere in the UK.

However, Mr Oakley stressed that it is not time for investors to panic, as there is potential for uplift all over the country and rental growth has simply been "relatively focused" in recent months.

His comments were made after the Investment Property Databank's latest index showed March coincided with a halt on four months of increases in the rental sector, with the value of such assets dropping by 0.1 per cent.

Mr Oakley added: "Until the other major non-London markets begin to recover, rental growth on this national all-property level is going to be relatively volatile."

Posted by Greg SeckerADNFCR-1681-ID-800505828-ADNFCR