Those looking for offices to rent may be pleased to hear that a recent report suggests the UK remains the most attractive unlisted market based on valuations and supporting investor demand.
According to the HSBC Global Investment Perspective document the rental outlook in the country remains weak but is gradually improving.
It also noted the view of the UK in the short term remains positive due to valuations.
Ed Stansfield, property economist at Capital Economics, suggested that he does not disagree with the report, in the sense that the UK does has a number of advantages in terms of size and liquidity.
However, he added: "I still think that the bottom line is that there is not a lot of evidence to suggest that the UK market has become overvalued as a result of the upswing."
The Royal Institution of Chartered Surveyors recently stated demand for commercial property has declined with seven per cent more chartered surveyors reporting a fall than a rise in tenant demand in the second quarter.
