Commercial property market ‘remains buoyant’

October 4th, 2012 Category: Building Management

The UK's economic slump has dragged on several years now and still shows no signs of abating.

Naturally, both consumers and businesses are concerned about their finances and are trimming spending wherever possible.

Yet plenty of analysts believe the UK is actually in a fairly good position when compared with many of its European neighbours.

Since the country does not use the euro, we are not at the heart of the continuing debt crisis in the eurozone.

As a result, global investors are still drawn to the UK's fundamental attractions, even in the midst of this economic turbulence.

According to analysts at Henderson, the south-east is proving particularly popular with investors around the world.

"Despite ongoing economic turmoil, the UK commercial property market has maintained a level of buoyancy," said Marcus Langlands Pearse, fund manager at the group.

"This has been driven in the main by interest at the core end of the market, where locations and the occupational base are stronger and more certain."

With much of the interest concentrated in one region, it looks as if competition among businesses might be set to increase in the near future.

Therefore, firms establishing or expanding their presence in the south-east will need to look at all the different ways in which they can give themselves a competitive advantage over their rivals.

It isn't just attractive prices and a good range of products and services that can be decisive in making a business a success. The actual standard of your premises can be very important in presenting the right image to customers and clients.

With this in mind, steps such as outsourcing office cleaning and facilities management can ensure you have a pristine and hygienic premises at all times, so you can show off your best side.

And of course it means people working for your company can operate in a much more pleasant working environment. This can be critical if you want to keep hold of the best talent, as no-one wants to let their top workers go to a rival firm.