Commercial property prices have shown strong year on year growth of as high as 21 per cent across some regions of Britain.
That’s the claim from Octane Capital, which has looked at both the current asking price and for sale stock levels of commercial property across each region of Britain, as well as how these two indicators of market health compare with a year ago.
Previous research by Octane found that commercial construction lending is forecast to fall by 2.6 per cent in 2023 once the full-year figures are finalised, having already declined every year since 2014. But while the appetite for borrowing across the commercial sector may be dwindling, their latest research suggests that the sale of commercial property has not been subject to the same decline.