Commercial property 'becoming firmer' - commercial mortgages

31 July 2009

The commercial property sector is continuing to "firm", according to analysis from BDO Stoy Hayward.

Figures from the accountancy firm show that June saw an increase in commercial property transactions.

Head of real estate and construction Solly Benaim suggests that this trend is likely to accelerate as commercial mortgages become more widely available in strengthening market conditions.

"As we head towards the autumn and 2010, we anticipate sentiment within the sector to continue to improve," the spokesperson says.

Meanwhile, BDO Stoy Hayward reports that property returns are also becoming firmer as prime yields stabilise following recent turbulence.

With these factors taking hold, investor confidence is said to be returning to the market.

BDO Stoy Hayward recently reported increased performance in a number of high street categories, including homewares and non-fashion sales.

Sales of antibacterial hand gels have also been driven higher, with the accountancy firm suggesting that swine flu may have played a part in the statistic.

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