Frost Meadowcroft News
Market Update Q3 2006
November 06
Occupier demand in the commercial property market has strengthened in line with the improving economy. Rents increased by 3.2% in the year to September, the firmest rise in five years. This tallies with economic activity which has been robust in the past year with 2006 set to be the best year for growth since 2000 with the one exception being 2004. Rental growth was again driven by the office sector, which has now overtaken that of the retail property for the first time since February 2002.
Source: RICS UK Economic Brief October 2006
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