Commercial Finance Specialists

April saw the UK commercial market slow down in the face of election uncertainty, the latest figures indicate.

Growth in the commercial property investment market slowed in April, according to the latest figures from CB Richard Ellis (CBRE).

The real estate advisor's research shows that the all property return for commercial development firms fell from 2.6 per cent to 1.6 per cent in April.

Capital growth continued to rise, but at the slower rate of one per cent.

The London market continued to out-perform the rest of the UK however, which points to strong results across the country for the remainder of 2010, according to the firm's head of economics and forecasting David Wylie.

He commented: "With a number of factors clouding the short term outlook, not least the election and some renewed nervousness in financial markets, property returns have moderated in April.

"Given some further tightening in yields and an improving occupier market outlook, 2010 should still provide strong returns overall."

Last month, CBRE was crowned Best Property Investment Advisor at the Financial Times and Investors Chronicle annual Wealth Management Awards.

Posted by Tess Nelson.