Financial Times FT.com

Property undergoes dramatic recovery

By Daniel Thomas, Property Correspondent

Published: October 19 2009 20:40 | Last updated: October 19 2009 20:40

The commercial property market delivered the highest monthly price growth for more than three years in September, capping a remarkable comeback for a sector that looked to have been wiped out only a matter of months ago.

Commercial propertyInvestors are now chasing commercial property and some are complaining that the market has become too hot again. The switch in sentiment has been tangible as investors look to take advantage of a slump that wiped off about 45 per cent from prices from the peak in 2007 by the beginning of the summer.

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