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Recovery in Commercial Property Market May Open up Job Opportunities
17 February 2010
Job opportunities in the UK have been hard to come by during a difficult two years for the country. However, the figures released at the end of January confirming that the UK has come out of recession, albeit only just, will have lifted the mood of some looking for job opportunities.
However, the news comes with Government health warnings that the economy is still fragile and we are not completely out of the woods yet. Of course the construction industry has arguably been the hardest hit and any kind of boost to confidence in this sector is very welcome.
Indeed there are signs of recovery in some areas of the construction industry in this country and across the globe. Figures released in January showing investment in commercial property rising across 70 percent of the globe in the final three months of 2009.
In this country, more figures released in January showed a rise in commercial property values in 2009 lead by a near 5 percent rise in London. Nick Parker, analyst for UK research at CB Richard Ellis, said: ?The recovery in the investment market has seen around ?10bn of property bought in the final quarter of 2009, a volume last seen in the boom years.?
Whilst it is way too early to crack open the bubbly in celebration of an apparent recovery in this area of the industry, these are encouraging signs. A bigger appetite for investment in the industry could lead to more job opportunities in construction, sales and marketing advertised on this website.
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