Busy but different year in prospect for commercial property
While developers are discounting pre-lets, prime headline rents should continue to rise
Attempting to predict what the year ahead holds for commercial property is more difficult than it has been for many years. Consider the air of uncertainty that prevails following all of last year’s surprises – not least the unexpected result of June’s Brexit referendum, the surprise result of the US election and the introduction of tax changes to certain property structures in Budget 2017.
Between them, these changes will shape the trajectory...
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