A boom is on the horizon
As we cautiously progress out of lockdown through the recently announced government roadmap, and the extremely encouraging news of the successes of the vaccination programme, it is hard not to be optimistic that economic activity will improve at a good pace.
The general mood is of anticipation for a mini-surge in economic activity which we are already witnessing within the commercial property sector. The eagerly-awaited budget only served to re-affirm the positivity around the commercial property sector which, in turn, allows businesses the confidence to make decisions going forward that have been sidelined for some time.
Whilst the road for retail has been incredibly challenging, the government’s support for the high street through Business Rates relaxation and grant support can only be a help to retailers to compete with online shopping. The office sector is once again showing good signs of take-up as businesses review their requirements post lockdown, whereas the industrial sector continues to grow from strength to strength.
We at Trevor Dawson feel that the talk of a boom is now becoming a reality, and as confidence continues to rise this can only be a good thing for all concerned.