Property news for Kensington, Chelsea and Pimlico | 03 Jul 2009
Increasing numbers of businesses are starting to look for commercial properties in areas of central London that could include Pimlico, figures suggest.In news that may offer good news to estate agents in London, the latest report by Cushman and Wakefield finds that investment in commercial property in both West End and central areas of the capital has increased for the first time in two years.
Michael Aglony, marketing manager at Mortgages for Business, now believes this represents a good sign for the property sector as businesses start to look at putting their money into the city once again.
He commented: "In the last month or so we have had quite a few more commercial cases than we have done for the whole of the year. We have seen an increase - definitely in enquiries and things going through.
"On the commercial side of things, it is more positive than quite a few other areas."
