Released on = May 23, 2007, 10:36 am

Press Release Author = Jimwatson

Industry = Real Estate

Press Release Summary = Parts of the UK are experiencing a buoyant commercial
property market. This is largely thanks to a strong economy and a low rate of
unemployment pushing demand for office and industrial space up. As would be
expected, London is at the centre of the British commercial property boom, although
some of the regions are providing a serious challenge to the capital\'s title.

Press Release Body = Parts of the UK are experiencing a buoyant commercial property
market. This is largely thanks to a strong economy and a low rate of unemployment
pushing demand for office and industrial space up. As would be expected, London is
at the centre of the British commercial property boom, although some of the regions
are providing a serious challenge to the capital\'s title.

Manchester is the UK\'s second city for commercial property, according to JMW
Solicitors, who have handled a number of large commercial conveyances that have
taken place in the Greater Manchester area. Commercial property solicitor Alan
Burns said that Manchester currently has \"an extremely busy\" commercial property
market and \"has strong potential for growth\".

\"There are always new developments coming along, so I\'m sure there will be growth,\"
he said, adding: \"My impression is that Manchester has a very strong claim to being
the second city as far as commercial property worth is concerned.\"

London is also awash with new developments at the moment, something which Jeremy
Warner, a business writer for the Independent, recently commented on. He noted that
every part of the London horizon \"seems alive with cranes\" working to produce an
\"abundant supply of new office space\".

According to Mr Warner, \"the flood of investment into commercial property continues
to astonish. Lending into the sector has been off the scale; there\'s a continued
wall of foreign money into London office and UK commercial property and . retail
investors can\'t seem to get enough of it either.\"

These views were echoed by Duncan Lamb of industrial and warehouse space broker
Brixton plc. He likened London commercial property to \"a restaurant that everybody
wants to get into but nobody can\".

London\'s industrial property market is one of the most in-demand in the world, he
said, with parts of the Greater London conurbation being home to some of the most
expensive commercial real estate in the world. Recent figures suggest that Heathrow
has the most expensive industrial property in the world.

Outside of the capital and the bigger cities such as Manchester and Birmingham,
there are some smaller - and perhaps unlikely - areas that are also seeing
commercial property prices reach a premium. A recent report by officebroker.com
highlighted Stockport and Reading as two areas that were seeing their commercial
property sectors prosper, thanks to good transport links and proximity to regional
industrial centres.


Web Site = http://www.assetz.co.uk/

Contact Details = Assetz House, Newby Road, Stockport, Cheshire, SK7 5DA, 0845 400
7000, linkexchangeseo@gmail.com