Property prospects rise

property

bushe gower associates research charts rising rents and recovery in london office market

A property syndicate set up by intermediary group Cavendish Young is struggling to find investment opportunities due to a supply shortage in the market. This same lack of supply is also driving up rental yields creating an attractive outlook for the property market, despite the threat of rising interest rates, according to the syndicate's investment surveyors Bushe Gower Associates. Mark Estcourt, managing director of Cavendish Young, said Bushe Gower believed investor demand for property is greater than its supply, causing yields to remain firm across all sectors. Estcourt noted: "We...