Now Would Be a Good Time to Buy ; Despite a Paucity of Speculative Developments the Market Is Picking Up, Says Keith Stewart, a Director of Naylors Chartered Surveyors in Newcastle.

Summary


'PROPERTY market, what market?' that you might ask, but after the worst year for commercial property for at least 15 years, enquiry levels are on the increase.

Transactions are being completed, as opposed to being just talked about, and thanks to some good news for the economy of the region, with the hope of electric cars and wind power generation, there is at least the expectation that things will improve soon. Whilst the speculative development market for all forms of commercial space has pretty much ground to a halt, there are a number of big ticket transactions in negotiation that look likely to happen with big industrial announcements likely soon on the Tyne Riverside and in Washington.

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Extract


Now Would Be a Good Time to Buy ; Despite a Paucity of Speculative Developments the Market Is Picking Up, Says Keith Stewart, a Director of Naylors Chartered Surveyors in Newcastle.

New space remains available in schemes which were planned in better times and which are no...

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