commercial property looks promising

The outlook for residential property is not good over the coming year, but this is no reflection of ...

The outlook for residential property is not good over the coming year, but this is no reflection of the prospects for the commercial sector. Commercial property looks set for a good year in 2005 and, according to some projections, should do well for a number of years. Commercial property is affected by different factors to residential property - it provides the work space in which the economy functions so that its fortunes are more closely connected to the overall UK economy. If businesses grow and consumers spend, then the demand for space rises. Some projections suggest that economic cycl...