‘s interim results today, Richard Wollenberg Cardiff Property Plc, which despite its name, in the Thames Valley, said the commercial real estate market, it suffers from low demand still occupiers. New leases are agreed and used agents report a reasonable level of demand, but effective use of space and new commercial is not sufficient to suggest a recovery in demand and rents.

New speculative commercial property development in the Thames Valley has virtually ceased. Most new office buildings completed in 12-18 months to go unfilled.

The last quarter of 2009 and first half of 2010 saw some recovery in market values of assets. However, since the probability of a sustained recovery has fallen on the beach, any increase in capital value is unlikely. Commercial real estate continues to secure its investment attractions are reachable decent income.

home values in Surrey and Berkshire have maintained their increased marginally since the beginning of the year. The number of inquiries and visits are still at reasonable levels, but buyers and investors remain cautious.

The group, including Camp Moss property, 47.62% of the jointly controlled entity continues to pursue building permits for new and revised. In the current context, even with a building permit, the group is not expected to make new development, was put out of a pre-letting. The focus will be to manage the existing portfolio and maintain the level of gross rental income.

Cardiff hassufficient capital to complete projects, he is busy and said an interim dividend of 3.3P per share for the six months ended 31 March.


Charlotte Property Management