Following the success of last year’s inaugural edition, one of the south west’s leading property consultants is to unveil its second market review document at a series of seminars across Cornwall and Devon.
Vickery Holman, which has offices in Truro, Plymouth and Exeter, will release the 58-page document ‘The Market 2012-13’ at the beginning of February.
In the review, the company outlines its belief that the property market reached the bottom of the property cycle in 2012 and that there can be some cautious optimism for the year ahead.
The report, which focuses on the main commercial sectors of industrial, office and retail with specialist reports on the investment, residential, education, licensed premises, green issues and healthcare sectors, is being unveiled at three events being held by the company across Cornwall and Devon.
Vickery Holman MD, Mark Pellow, said: “The response we had to the first edition last year was incredible.
“People liked the way it targeted specific areas of Devon and Cornwall instead of just providing meaningless average stats for the south west region.”
The report indicates an increase in transactions in 2012 due to lower values, and that now the bottom has been reached it is time for those with cash to start investing.
Mike Oldrieve, director and head of investment property, added: “South west property is firmly at the bottom of the economic cycle and the only way is up for values from here on in”
“The good news is you can buy quality income with high returns and with a stable, if not dynamic economy, growth is not far away.”
To launch the review, Vickery Holman will host three seminars – in Truro at the Alverton Manor on Tuesday, February 5; National Marine Aquarium in Plymouth on Wednesday, February 6; and Royal Clarence Hotel in Exeter on Thursday, February 7.
Spaces at the seminars are limited. To find out more please contact Katie Mills at Vickery Holman on 01752 234127.