Commercial Finance Specialists

Scottish commercial property continues to provide good security, even as growth rates begin to slow after a strong end to 2009.

Scotland's commercial property market is coming back into line after a better than expected performance in the latter part of 2009, it is claimed.

Leading real estate consultants CB Richard Ellis indicates that commercial development assets saw strong growth in the last quarter of 2009.

While this growth has continued into the first three months of 2010, the rate has slowed significantly, the company explains.

Despite this, commercial assets continue to provide property investment firms north of the border with good security, according to the firm's director Keith Hutchison.

However, he did offer a note of caution: "Performance cannot be driven by yield improvement in isolation and rental growth will be required over the medium term as the occupational markets recover."

Earlier this week, the Financial Times claimed that while the London commercial property market is performing strongly, this is masking the fact that many other parts of the UK are not seeing any sector growth at all.

Posted by Tess Nelson.