Eddisons comments on latest RICS Commercial Property Market Survey
The Royal Institution of Chartered Surveyors (RICS) has just published its latest quarterly UK Commercial Property Market Survey (Q2 2021), headlined, ‘Industrial market remains robust while demand appears to be stabilising across the office sector’.
In reaction to the latest survey from RICS, Ben Green, director of Eddisons in Cambridge, comments: “Secondary office rents are unlikely to decline in Cambridge in the next 12 months, and could, along with prime office rents, see some modest growth, assuming no more lockdowns.
“This is reflective of the strength and resilience of the local market which usually bounces back quicker than other areas.”
For the full RICS Q2 2021 survey, see www.rics.org/uk/news-insight/research/market-surveys/uk-commercial-market-survey.