I am sorry to say but as I predicted, the commercial property market has continued to decline during 2012 and things don’t look as if they are going to improve for quite some time.

Retailers are failing left, right and centre, companies generally are failing, banks are still not lending, investors are still nervous about buying, stock markets around the world are crashing mainly due to the Eurozone crisis, unemployment is rising and inflation still isn’t under control. The commercial property market is affected by various things and events such as endowment shortfalls, oil price hikes, quantitative easing being put on hold, a fall in consumer confidence and changes brought about by the recent budget taking money from families with children don’t help.

The commercial property market is in for a long, turbulent and unpredictable ride and caution will be key when any commercial property investment is considered.