Key Findings:
- Commercial Property is entering new phase of “cautious recovery”
- Overall capital value and rental expectations for all three commercial property asset types show a positive outlook for this year
- Chartered Commercial Surveyors expect national prime industrial values to rise by 4% and rents to rise by 4.4% on average
- Prime office capital values are forecast to rise by 2.4%, with rents expected to increase by 2.9% on average
- Prime retail values and rents are expected to rise by just over 1% on average
- 47% of survey participants view the market as being in some phase of recovery or upswing