Manchester property market 'to bounce back'
26/03/2009
The property market in Manchester will undergo a speedy recovery once the economy picks up, it has been suggested.
According to a survey conducted by Drivers Jonas, 40 per cent of the available commercial space in the city is classified as Grade A, CN plus reports.
This will be let quickly when the recession subsides and will ensure a quick return of rental growth, the firm claimed.
Meanwhile, Manchester's 28,000 annual graduates are likely to take advantage of more affordable housing and invest in the area's residential properties, it added.
Drivers Jonas Manchester partner John Adams commented: "The city's diversified economy and an anticipated re-balance in supply should speed up an eventual return to a stronger buying and lettings market when the wider economy recovers."
Established in 1725, Drivers Jonas currently has more than 750 partners and staff operating in offices in countries including the UK, France, Germany and Spain.
THINKING OF INVESTING IN PROPERTY IN MANCHESTER?
Residential Property In Manchester
Click here to register for ALL residential property for sale in Manchester.
or click here to register for ALL residential property to let or rent in Manchester.
Manchester Commercial Properties
Click here to register for ALL commercial property for sale in Manchester.
or click here to register for ALL commercial property to let, rent or lease in Manchester.


Bookmark with:
Delicious
Digg
Reddit
Facebook
StumbleUpon
(What are these?)
Social bookmark links
The social bookmark links enable you to share content you find on our site with other users who may find it of interest. If you have an account with any of these sites, just click the link to instantly share this feature with other users or alternatively you can sign up for any of them in a matter of minutes for free. For more on social bookmarking you can read the Wikipedia article.