Commercial Property

Commercial property values feel the effects of economic malaise

The lifting of pandemic restrictions drove consumer growth earlier this year, but now inflation and sharp increases in energy costs are hitting the real estate market

The global economy has been hit by a series of shocks including surging inflation, supply chain issues and the potential for fuel shortages linked with the war in Ukraine

Valuers and our clients have, over the last number of years, bounced from one set of uncertain circumstances to another. Even during challenging times, the commercial property market has been resilient and somewhat of a star performer in the context of alternative investment options. As the property sector emerges from the traditionally quieter summer months, rising interest rates and increasingly uncertain outlook in global markets will have an interesting impact on property values and short-term ...