Savills notes February increase in commercial development activity
Date posted: 16 Mar 2010
Published by Tim Hill
Last month witnessed an increase in commercial development activity, research from Savills has revealed.
According to survey results published by the firm, as many as 28 per cent of those developers polled noted an improvement in overall commercial activity during the four-week period.
In comparison, a decrease in activity was only noted by 11 per cent of those queried in the research.
Published by Tim Hill
Last month witnessed an increase in commercial development activity, research from Savills has revealed.
According to survey results published by the firm, as many as 28 per cent of those developers polled noted an improvement in overall commercial activity during the four-week period.
In comparison, a decrease in activity was only noted by 11 per cent of those queried in the research.
Savills suggests that improved weather may have played a part in these figures, with the picture in January likely to have been affected by adverse conditions.
More positive economic signs may also have had a role to play, it is believed.
The last time commercial development activity grew at such a pace was in May of three years ago, the Savills results suggest.
When it comes to commercial properties, the Carbon Trust has confirmed that it is to collaborate with Threadneedle and Stanhope to refurbish a number of buildings in the UK with low carbon measures.
Please contact Michaela Henson, Head of Property for further information or call 01223 225178
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