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Growth in Commercial developments not restricted to the South East

POSTED: 10th December 2015
IN: Newsroom
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Commenting on the Savills Commercial Development Activity Report for November, Ian Boden, Head of Commercial Mortgages and Portfolio Management at Aldermore, said:

“While monthly data can be volatile, it is nevertheless concerning that the Total Commercial Development Activity Index has fallen to a three month low in November. However, solid growth in all UK regions shows that activity is not simply restricted the South East, with eight of the nine tracked categories registering growth. 

“The commercial development industry tends to be the first in and last out when there is a negative economic environment, and the rise in confidence among UK developers from the survey shows that the brighter economic view is having a positive effect on the sector.”

*Ends* 

For further enquiries, journalists can contact:

Johnathan Priestley, Cicero Group
Phone:          0207 297 5954
Email:           Johnathan.Priestley@cicero-group.com

Rachael Snelling, Aldermore
Phone:          0208 1853 102
Email:           Rachael.Snelling@aldermore.co.uk

Notes to Editors:
For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page.

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