Commercial Property Credit Crunch Alert Is No Empty Threat

Summary


CHARTERED surveyors fear that the impact of the credit crunch, which is starting to affect the commercial property market, could lead to a spate of empty properties in Scotland.

Despite recent figures showing that Scottish chartered surveyors have reported much higher occupational demand for commercial property than in London, many fear that the economic and legislative changes are impacting on retail and office property and that the bubble is about to burst.

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Commercial Property Credit Crunch Alert Is No Empty Threat

David Davidson, head of Royal Institution of Chartered Surveyors, Scot...

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