Over 300 guests packed three seminars to hear positive news about the state of the property market in the South West.
The events, organised by Vickery Holman, were held to launch the property consultants’ second annual market review.
‘The Market 2012-13 was unveiled at venues in Truro, Plymouth, Exeter, where the company has it offices.
The 58 page report 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.
It is now available to download as a PDF from the company’s website.
Vickery Holman director and investment specialist, Mike Oldrieve, said: “We were able to give the 300 guests, a record for these events, who packed in to the venues a positive note on the South West property market.
“We believe we’ve reached the bottom of the market, which means investors can buy quality income with high returns and with stable, perhaps even dynamic, growth not far away.
“Exeter is already bucking the trend and we believe that we will see supply dry up over the next 12 months across other markets, in certain sizes and in certain areas, which means potential rental growth on the horizon.
“Our findings conclude that the only way is up for values from here on in.”
Guests at the events heard from managing director, Mark Pellow, Mike Oldrieve, Greg Oldrieve, Clare Cochrane, Joanne Hardwood, Neil Stubbs, Justin Armstrong and Ashleigh Phillips on aspects from the review.
Vickery Holman Managing Director, Mark Pellow, said: “We had a great response to the events.
“We had an increase in attendees this year, which shows that despite concerns about the economy, there is a real interest from people to find out more about what will happen in the market this year.
“What people like about the guide is it targets specific areas of Devon and Cornwall instead of just providing meaningless average stats for the South West region.
“This report takes the knowledge, expertise and information that our highly skilled team has at their disposal and condenses it into a format that can inform our clients and associates.”
