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Commercial property market 'should see continued health'
Commercial property investors in Berkshire may be interested to learn that one major management firm has suggested market growth may be slipping back but the commercial property market remains robust.
Officials at Morley Fund Management have contended at the Reuters Real Estate Summit that large capital growth may be consigned to the past and they were unsure if the market would remain flat.
Such comments come after the firm Springbok Connections announced that it was moving back into Slough Trading Estate after continued expansion.
Director of property strategy and indirect investment at Morley Fund Management Nick Mansley suggested that commercial property prices may be supported further with low interest rates.
He added that rates were unlikely to remain above six per cent and that UK property usually offers a safe level of income.
Moreover, the overall commercial property market in the UK remains in good health with strong demand from investors and has returned between 18 and 19 per cent in last couple of years, the official stated.
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