North West Commercial Property ’Tempting for Firms of all Sizes’, as European Market Continues to Recover
Companies considering moving into new office space in the near future should consider commercial property in the north west, according to Magnus.
Companies considering moving into new office space in the near future should consider commercial property in the north west, according to one firm in the industry.
New research published by Cushman and Wakefield has shown that conditions in the European commercial property market have continued to improve over the past couple of months.
The report revealed how investment volumes increased in the third quarter of this year to €28.8 billion (£25.1 billion), representing a five per cent quarterly and 12.3 per cent annual rise.
However, investment in British commercial property slowed slightly at the start of October, with worries abound over the effect the eurozone debt crisis might have on the UK economy.
Despite this, Steve Widdowson, director at Macclesfield-based office space specialist Magnus, explained his firm continues to see high levels of interest in commercial property in the north west of England in the face of the bleak economic outlook.
He stated: “It’s good to see the European commercial property marketing going from strength to strength and hopefully the UK market will now follow suit. However, although economic conditions remain tough for many companies, we continue to get a multitude of enquiries from firms who want to build their business in the North West.”
“The area is a fantastic location for firms of all sizes; rent is typically much cheaper than in the south and Manchester and Liverpool are right on your doorstep, which means regular and quick transport links to the capital and rest of the UK. What’s more, there is a multitude of good universities in the local area that are constantly supplying very talented individuals that firms would be lucky to have the chance to employ.”
Magnus is a leading provider of commercial property and office space to rent in the North West. For more information about the firm’s services, visit its dedicated website: http://www.magnusuk.com
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