Investment in North set to top £200m

A busy year is forecast for the Northern commercial property sector, writes Donal Buckley

9th February, 2014
Pinsent Masons acquired 20,000 square feet at the Soloist building.

Commercial property investment in the North could exceed £200 million (€240 million) in 2014, according to a new report from Savills.

Meanwhile, forecasts for increased activity in the region's office, pubs, hotels and development land sectors of the market are predicted by CBRE.

Last year saw 17 investment transactions worth an estimated £175 million (€210 million) - more than the combined total of transactions since the start of the downturn.

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