What are the trends with commercial property at the moment? e.g. retail units
- Thread starter Spec
- Start date
Re: Commercial Property
Hi Spec
Im no expert, but from what I know and read I'd think they might be slightly higher than residential yields though:
- depends on the sector (industrial, office, retail etc)
- depends on the location (cities, rurual etc)
- depends on the covenant (BTs for 20 years would be a lower yield than Jack's corner shop for 5 years I'd think)
One thing I like about commercial investments, is that most are on FRI leases (full repairing and insuring), so you won't be getting a call everytime the fridge breaks down etc
Cheers
G>
Hi Spec
Im no expert, but from what I know and read I'd think they might be slightly higher than residential yields though:
- depends on the sector (industrial, office, retail etc)
- depends on the location (cities, rurual etc)
- depends on the covenant (BTs for 20 years would be a lower yield than Jack's corner shop for 5 years I'd think)
One thing I like about commercial investments, is that most are on FRI leases (full repairing and insuring), so you won't be getting a call everytime the fridge breaks down etc
Cheers
G>
Yields on quality commercial investments are quite low in Ireland right now; basic supply/demand problem, too many buyers chasing too few good covenants.
Better looking elsewhere for similar projects, try the UK, Germany, Hungary, Spain for premises occupied by national-name supermarket chains etc.
Better looking elsewhere for similar projects, try the UK, Germany, Hungary, Spain for premises occupied by national-name supermarket chains etc.