Time to buy undervalued commercial property

The current dip in the commercial property market may have provided a window of opportunity for investment in the sector, it has been claimed.

According to Schroder, properties on the commercial market are currently undervalued, with the potential of providing good rates of return.

In a statement, published on Citywire, Andrew Yeadon of Schroder said: "We have seen a way overstatement of how bad things are."

"Rents are fine and voids are non-existent, and will continue that way as long as the economy is fine."

He added: "Discounts of near 40 per cent on property trust values could soon present some attractive buying opportunities."

Meanwhile, commercial property has continued its growth in Manchester with high-street banks vowing to continue their recent strong lending - despite the recent credit crunch.

The Co-operative Bank and the Royal Bank of Scotland reported that they expected to continue to receive a large number of applications for business premises loans.

Martin Slowe Property Services are Commercial Property Consultants offering a full range of Commercial Property Services.