There is evidence that prime real estate has bounced back, although one commentator urges caution.
People considering commercial
property investment have been given a few pointers on getting the best returns for their money.
In a recent article in the Times, Jenny Davey remarked that as London & Stamford heads Raymond Mould and Patrick Vaughan make their third fortune on a sale in Leeds, there is evidence that prime real estate has bounced back.
However, she urged caution as pension funds are "queuing up" to invest in commercial property development, with property funds garnering £417 million from private retail investors at the end of last year, potentially setting the market up for a fall.
"In the short term, their optimism is probably well founded," added Ms Davey.
"But this is a sector that has rallied too far too fast and eventually the underlying weakness will shine through."
International property funds raised more than £3.2 billion in the last quarter of the year, a recent Financial Times article revealed, the highest amount since records began in 1998.
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