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Commercial Property Market On the Up – 9 January 2013

The commercial property market in Northern Ireland is showing evidence of good and stable returns despite the economic downturn according to a report carried out by University of Ulster.

The review concluded that despite the recession of the commercial property market in Northern Ireland, there was now objective evidence of good and stable returns on property investment here

The University’s Pro Vice-Chancellor Alastair Adair said: “The University of Ulster’s Real Estate Initiative is delighted to spearhead the publication of the Northern Ireland Commercial Property Report in partnership with IPD, the Department for Social Development, Belfast City Council and leading commercial property advisers.

“The report highlights the resilience of commercial property performance in the Northern Ireland, aids transparency of the market and gives us a more competitive edge in attracting institutional investment to our urban areas.”