Commercial property transactions reach nine-year high

Commercial property transactions reach nine-year high

Commercial property transactions hit a nine-year high of 127,280 in 2016/2017, research by Lendy reveals.

These figures show a 6% increase from 2015/2016, demonstrating interest in the UK commercial property market to both domestic and overseas investors.

Of these results, Lendy says the longer leases found in the UK over other European destinations, offers stability for investors.

Liam Brooke, co-founder of Lendy, said: “The number of commercial property sales has risen significantly, reflecting how the fall in the value of sterling has provided investors with a window of opportunity to make the most of the booming property market."