Mullucks Wells
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Investor and occupier demand shrug off higher rates
Despite a rise in borrowing costs during Q4, property investment continued rising firmly though a mild slowdown has occurred in retail and the industrial property markets reports RICS (Royal Institution of Chartered Surveyors).
26% more surveyors reported a rise in investor demand as opposed to a fall down from 29% in the second quarter.
Interest rate rises have had little dampening impact on new business occupier enquiries for space as a stronger economy has supported business expansion.
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