15th June 2011 back to news

Commercial Property Market Review – June 2011

“Unbelievably the first two quarters of 2011 are almost over and whilst the market remains challenging, Graham + Sibbald are pleased to report strengthening levels of market for commercial properties, coupled with some renewed bank lending from lenders who have recently been just about out of the market altogether. 


The market remains however very sensitive.  Sensitive to bad news- inflation versus interest rates sensitive to bank lending criteria and most of all sensitive to price over egg the price and the market will soon tell you that you have done so.  Be realistic however on price and buyers are out there, some of whom are starting to get bank funding again. 


Hopefully this trend will continue as the second half of the year unfolds!”


Les McAndrew BLE MRICS, Partner Edinburgh