LONDON—Total commercial development in the UK climbed from +14.2% to +14.7% February to March, according to a recent report from Savills.
This week, the firm released its April Commercial Development Activity Report which references a Total Commercial Development Activity Index – a net balance monitoring the overall performance of the UK commercial property sector. The analysis is compiled by Markit Economics on behalf of Savills.
The February to March findings “indicated a marked rate of expansion that was the strongest since last December,” the report notes.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
