Commercial market ''offering excellent opportunities'' - commercial mortgages

09 November 2007

The correction that has taken place in the commercial property market over the last few months mean that investors are now well placed to take advantage, it has been suggested.

Market veteran Raymond Mould has announced that London & Stamford intends to invest hundreds of millions of pounds in real estate once the company has been listed on AIM, the Liverpool Daily Post has reported.

The paper has pointed to the strength of the Merseyside commercial sector and suggested that other investors may be moved to act in light of Mr Mould''s announcement.

"My colleagues and I believe this correcting market will offer excellent opportunities," the non-executive chairman of London & Stamford told the Daily Telegraph last month.

The announcement comes after Manchester''s commercial property market was also hailed as a "vibrant" market by Shaun Smyth of RBS Commercial Banking, speaking to the Manchester Evening News.