RICS UK Commercial Market Survey, Q1 2014

Director Tom Holloway and Associate Director Craig Powell of Holloway Iliffe & Mitchell have been quoted in the latest issue of the RICS UK Commercial Market Survey (Q1 2014). This publication is widely read by commercial property investors and occupiers looking to gain an insight into the regional views of RICS Commercial Property Chartered Surveyors in their local region.
 

Tom Holloway MRICS, Holloway Iliffe & Mitchell (Portsmouth) said:

“Portsmouth office market is now seeing an increase in activity, partly due to the removal of over 250,000 sq ft of office space under permitted development rights. Lack of stock across all sectors is the next looming issue.”

 

Craig Powell BSc (Hons) MRICS, Holloway Iliffe & Mitchell commented:

“Landlords with mixed commercial property portfolios are seeing very high occupancy levels and this is translating to fewer incentives on new lettings. Tenants are becoming more comfortable about taking longer term leases in order to benefit from incentives.”

If you would like to receive a copy of the latest RICS UK Commercial Market Survey please contact us.”