Financial Times FT.com

Cash buyers won’t sustain commercial market for ever

By Daniel Thomas, Property Correspondent

Published: April 13 2009 20:36 | Last updated: April 13 2009 20:36

Real estate investors should keep the champagne on ice in spite of rising hopes that the bottom of the commercial property market has been reached.

It is true that capital value decline in certain sectors has stopped, even reversed, for now at least. But to say the market is out of the woods, given what will be a damaging rental recession for property owners, is going too far.

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